Answer:
The answer is $35500
Explanation:
We need to collect $710 from the sales of the customers referred by us to cover the franchise fee. But we only make 2% of whatever they spend. If we equate 710 to 2% and solve for 100% we will know what is the total dollar amount they need to spend:
1. This can be solved using a rule of three:
2% = $710
100% = ?
100 * 710 / 2 = 35500
2. Or, It can also be solved writing it down as an equation and knowing that 2% also means 2 parts of 100 or 2/100 = .02
Solve for Sales:
There is no need to round to the nearest whole dollar because the result is already in whole dollars, it does not have any cents.