Renaldo's Total Sales

[nycmathguy]

Each month, Renaldo earns a commission of 10.5% of his total sales for the month, plus a salary of $2,500. If Renaldo earns $3,025 in a certain month, what were his total sales?

No multiple-choice given.

Let me see.

Let x = total sales

0.105x + 2,500 = 3,025

0.105x = 3,025 - 2,500

0.105x = 525

x = 525/0.105

x = 5,000

I say Renaldo's total sales were $5,000.

 

[MathLover1]

correct

 

[nycmathguy]

correct

Cool. This is the type of problem that was the Financial Advisor test at Bank One in 2006. I can blame my horrible score on the fact that it was a timed test but that's no excuse. All exams for jobs are timed.