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17 October, 18:14

as a real estate salesperson, you earn a small salary, plus a percentage of the selling price of each house you sell. if your salarly is $100 a week, plus 3.5% of the selling price of each house sold, what must your total annual home sales be for you to gross 30,000 in 1 year? assume that you work 50 weeks per year.

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  1. 17 October, 18:39
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    first step)

    it is $ 100 * 3,5 % = 3,5 $, then 100 + 3,5 = % 103,5 per week

    total earnings per year

    30000 * 3,5 % = 31050

    second step)

    Now you must establish the following relation to determine the numbers of houses that you must sell on a week to obtain $ 31 050 in a year

    1 house * $ 31050: $ 103 / week * 50 week = 6 house / week

    now, to know the quantity of houses in 50 weeks, it is 6 houses * 50 weeks = 300 houses / 50 weeks, you must sell 300 houses in 50 weeks to earn $ 31050
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