a local salesman receives a base salary of $875 monthly. he also receives a commission of 10% on all sales over $1800. how much would he have to sell in a month if he needed to have a monthly income of $1500?

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The total sell in a month if salesman needed to have a monthly income of $1500 is $894657.14.

What is termed as the sales commission?

  • Sales commission is indeed the amount of cash as well as money paid to salespeople for exceeding a predetermined sales target.
  • For instance, a company may agree to pay it's own salespeople a 4% commission on monthly sales exceeding Y.

The total monthly earnings for salespeople can be calculated as follows:

Monthly salary = base salary + sales commission

Given that what a local salesman generates a base salary of $875 and a 10% sales commission on any and all sales above $1,800, the salesman must make the following sales in order to earn $1500 in a given month:

Let the sales done by 'x'.

Then,

875 + 7% (x - 1800) = 1500

875 + (7/100) (x - 1800) = 1500

7(x - 1800) = 62500

x - 1800 = 8928.7

x = 894657.14

Thus, the total sell in a month if salesman needed to have a monthly income of $1500 is $894657.14.

To know more about the sales commission, here

https://brainly.com/question/24951536

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