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

 
 
 
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