41.9k views
5 votes
Miguel sells insurance. He earns a 6% commission on each sale he makes. Miguel has a goal of earning $600 in commissions. Miguel need to sell $ Worth of insurance to meet his goals

User Estare
by
6.6k points

1 Answer

3 votes

Answer: $12,000

Explanation:

Miguel makes 6% on every sale he makes and wants to make $600 in commissions.

The amount he needs to sell is therefore the amount that has $600 as 5% of it.

Assume the amount of insurance needed is x.

x * 5% = 600

x = 600 / 5%

x = $12,000

User Hahcho
by
7.4k points
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