Application Sales
publish date: 2024/12/13 22:04:46.013355 UTC
volume_muteThe commission rate for a salesperson at an appliance store is 16.5%. Find his commission from the sales of a refrigerator that costs $500.
Answer = (in dollars)
Correct Answer
Explanation
We will identify the commission rate and the dollar amount of the sale. Then we can use the commission formula to find the unknown amount of the commission.
Solution
The commission rate is 16.5% and the dollar amount of the sale is 500.
This is the commission formula
Commission = commission rate • sales
Substitute 16.5% for the commission rate and 500 for the sales.
= 16.5% • 500
Write 16.5% as a decimal: 16.5% = 0.165
= 0.165 • 500
Do the multiplication
= 82.5
The commission earned on the sales of the 500 refrigerator is $82.5
Reference
Mathematics for college students