Answer:
The minimum amount of sales needed to cover its expenses is $15,000
Step-by-step explanation:
Let
s ----> the amount of sales
we know that
The amount of sales s multiplied by the percentage of commission (42%) plus the fixed rate of $2,500 must be greater than or equal to $8,800 a month
so
The inequality that represent this situation is
[tex]0.42s+2,500\geq 8,800[/tex]
solve for s
subtract 2,500 both sides
[tex]0.42s\geq 8,800-2,500[/tex]
[tex]0.42s\geq 6,300[/tex]
divide by 0.42 both sides
[tex]s\geq 15,000[/tex]
therefore
The minimum amount of sales needed to cover its expenses is $15,000