Amount of Sales Needed to Receive a Specified Monthly Income

Date of Exam

Problem
A salesperson earns P60,000 per month plus a commission of 20% of sales. Find the minimum amount of sales needed to receive a total income of at least P150,000 per month.

A.   P150,000 C.   P450,000
B.   P350,000 D.   P250,000

Answer Key

Solution