Final answer:
To find the value of the sales, divide the commission by the commission rate. The value of the sales was $5000. To check the answer, multiply the value of the sales by the commission rate.
Step-by-step explanation:
To find the value of the sales, we need to divide the commission by the commission rate.
Let's assume the value of the sales is 'x'. We know that the commission is 2% of the sales, which can be represented as:
2/100 * x = $50
Simplifying this equation, we get:
x = $50 * 100 / 2
x = $5000
Therefore, the value of the sales was $5000.
To check our answer, we can multiply the value of the sales by the commission rate to see if it equals the commission earned:
2/100 * $5000 = $100
Since $100 is equal to the commission earned, our answer is correct.