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27 June, 07:37

A sales associate wants to earn at least $90,000 next year. she plans that 60% of the income will come from listings sold and 40% from sales made. if the average commission from listings sold is $3,000, how many listings must she sell in order to achieve that portion of her goals?

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  1. 27 June, 07:51
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    60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000

    So, the sales associate plans $64,000 from the total income to come from sold listings.

    40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000

    So, the sales associate plans $36,000 from the total income to come from sales made.

    If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.
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