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To make $104 per week at 3% commission the value of goods solds should be.A: 31200 B: 104003 C: 312 D: 312100 E: 1043

Question

To make $104 per week at 3% commission the value of goods solds should be.

A: 31200
B: 104003
C: 312
D: 312100
E: 1043

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Solution

To find out the value of goods sold to make $104 per week at 3% commission, you need to follow these steps:

  1. Understand that commission is a percentage of the total sales. In this case, the commission is 3%.

  2. You know that this 3% equals $104 (the amount you want to make in a week).

  3. To find out the total value of goods sold, you need to calculate the amount that 100% would be.

  4. Set up the equation: 3/100 = 104/x

  5. Solve for x: x = (104 * 100) / 3

  6. Calculate the value: x = 3466.67

So, the value of goods that needs to be sold is approximately $3466.67. This option is not listed in the choices provided. There might be a mistake in the question or the provided choices.

This problem has been solved

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