Question

Anish earns a percentage of the amount of product he sells. This month he sold $2,458 in product. The percentage he earns is 6.5%.
How much did Anish earn this month? Round your answer to the nearest cent.


$159.77

$378.15

$15.98

$37.82

Answer 1

To calculate how much Anish earned this month, you can use the formula:

\[
\text{Earnings} = \text{Sales} \times \text{Percentage}
\]

In this case, Anish's sales are $2,458 and the percentage he earns is 6.5%.

First, convert the percentage from a percentage to a decimal:

\[
6.5\% = \frac{6.5}{100} = 0.065
\]

Now, multiply the sales by the decimal percentage:

\[
\text{Earnings} = 2,458 \times 0.065
\]

Calculating that gives:

\[
\text{Earnings} = 159.77
\]

Anish earned **$159.77** this month.