Can somebody help me with this problem by explaining the steps to solve it please: Jack is a car salesman who works strictly on commission. For every car he sells, he earns a 2% commission. Cars sell for $35,000 each. How many cars does Jack need to sell in order to reach his target income of $5,000 for the end of the month?
Start from the end. He wants to earn $5,000. He earns a certain amount per car he sells. If you can find out how much he earns per car, then you divide $5,000 by how much he earns per car and that will tell you how many cars he needs to sell. Do you follow so far?
Now the next step is to calculate how much he earns per car he sells. Each car sells for $35,000. He earns 2% of the sale price for each car he sells. That means he earns 2% of 35,000 for each car he sells. Now you need to calculate 2% of $5,000. That tells you how much he earns per car he sells. Then divide $5,000 by the amount he earns per car he sells.
Do you know how to find 2% of $35,000?
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