The employee must make a sale of $ 1,56,000 to get a total salary of $ 5000 with the commission rate as 2 %.
The basic salary of the employee = $ 2000
Now he wants to earn $ 5000.
That means he has to earn 4 500 - $ 2000 = $ 3000 from the sales commission that he gets.
Sales commission is 2 %.
Let the sales above $ 6000 be x
2 % x = 3000
2 / 100 x = 3000
2 x = 3,00,000
x = 1,50,000
Total sales = $ 6000 + $ 1,50,000 = $ 1,56,000
Therefore, the employee must make a sale of $ 1,56,000 to get a total salary of $ 5000 with the commission rate as 2 %.
Learn more about commission here:
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