Question

Victor wants to earn at least $1,500 this month in commission. What is the minimum amount he needs to sell in order to earn $1,500 if he earns a 6.5% commission on everything he sells? Round your answer to the nearest dollar.

Answer 1

$23,077

Explanation:

Let the minimum amount you want to earn be represented as x

Therefore

6.5% of x = $1,500

6.5/100 × x = $1500

6.5x/100 = $1500

Cross Multiply

6.5x = $1500 × 100

x = $1500 × 100/6.5

x = $23076.923077

Approximately to the nearest dollar= $23,077

Therefore, the minimum amount he needs to sell in order to earn $1,500 if he earns a 6.5% commission on everything he sells is $23,077