Question

Jim works in real estate sales. His annual salary is $20,000 plus 2.5% of his home sales. What was the total value of all homes he sold if his annual pay for the year was $120,000?

Answer 1

$40,000

Explanation:

2.5x+20,000=120,000

120,000-20,000=100,000

100,000/2.5=40,000