4
QuizMultiple Choice

Variable Earnings

Question 4 • FL-2102373-Personal Finance and Money Management Honors

Mr. Gonzalez earns his living as a salary plus commission employee. His annual salary is $18,000. He makes 4% commission on all of his sales. Mr. Gonzalez wants to earn $60,000 this year. If his earnings are divided evenly throughout the year, how much in monthly sales would Mr. Gonzalez need to have?

Answer
A
$37,500
B
$87,500
C
$100,000
D
$125,000
Previous
Next