Renaldo's Total Sales

Discussion in 'Basic Math' started by nycmathguy, Nov 30, 2021.

  1. nycmathguy

    nycmathguy

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    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.
     
    nycmathguy, Nov 30, 2021
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  2. nycmathguy

    MathLover1

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    correct
     
    MathLover1, Nov 30, 2021
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    nycmathguy likes this.
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  3. nycmathguy

    nycmathguy

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    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.
     
    nycmathguy, Nov 30, 2021
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