Question
A salesperson earns $154 selling $2 comma 200 worth of television sets. What is the commission rate?
Answers
GPT-4o mini
To find the commission rate, you can use the following formula:
\[
\text{Commission Rate} = \frac{\text{Commission Earned}}{\text{Total Sales}} \times 100
\]
In this case, the commission earned is $154, and the total sales amount is $2,200.
Now, substituting these values into the formula:
\[
\text{Commission Rate} = \frac{154}{2200} \times 100
\]
Calculating this:
1. Calculate the fraction:
\[
\frac{154}{2200} \approx 0.070
\]
2. Convert to percentage:
\[
0.070 \times 100 \approx 7.0\%
\]
Therefore, the commission rate is approximately **7.0%**.
\[
\text{Commission Rate} = \frac{\text{Commission Earned}}{\text{Total Sales}} \times 100
\]
In this case, the commission earned is $154, and the total sales amount is $2,200.
Now, substituting these values into the formula:
\[
\text{Commission Rate} = \frac{154}{2200} \times 100
\]
Calculating this:
1. Calculate the fraction:
\[
\frac{154}{2200} \approx 0.070
\]
2. Convert to percentage:
\[
0.070 \times 100 \approx 7.0\%
\]
Therefore, the commission rate is approximately **7.0%**.