If salesman earned a 6% commission on sales, and in one week he earned $300 in commissions, how much merchandise did he sell that week?
0.06x = 300
Solve for x.
300/0.06=5000
x=5000
0.06(5000)=300
5000
To find out how much merchandise the salesman sold in one week, we need to divide the total commission earned by the commission rate. In this case, the commission rate is 6%.
Let's set up an equation:
Total commission earned = commission rate * merchandise sold
Plugging in the given values:
$300 = 0.06 * merchandise sold
To solve for merchandise sold, we can divide both sides of the equation by 0.06:
$300 / 0.06 = merchandise sold
Calculating this:
$300 / 0.06 = $5,000
Therefore, the salesman sold $5,000 worth of merchandise that week.