Question

A salesperson earns a commission of
$493
for selling
$2900
in merchandise.
Find the commission rate. Write your answer as a percentage.

Answer 1

The commission rate can be found by dividing the commission earned by the amount of merchandise sold:

Commission rate = (Commission earned / Amount sold) x 100%

Plugging in the given values, we get:

Commission rate = ($493 / $2900) x 100%
Commission rate = 0.17 x 100%
Commission rate = 17%

Therefore, the commission rate is 17%.