Question

the commision comparison

commision rate =needs to be found salary/wages=50 weekly sales total=8000 weekly TOTAL=1210

Answers

GPT-4o mini
To find the commission rate, you can use the following formula:

\[
\text{Commission} = \text{Total Sales} \times \text{Commission Rate}
\]

In your case, you have the total weekly sales figure and the total amount earned (which includes both the salary and commission). You can set up the equation as follows:

1. Your total earning is the sum of your salary and your commission:
\[
\text{Total Earnings} = \text{Salary} + \text{Commission}
\]

2. Based on the numbers you provided:
- Total Earnings = 1210
- Salary = 50
- Total Sales = 8000

3. Substitute these values into the equation:
\[
1210 = 50 + (\text{Commission Rate} \times 8000)
\]

4. Simplifying it:
\[
1210 - 50 = \text{Commission Rate} \times 8000
\]
\[
1160 = \text{Commission Rate} \times 8000
\]

5. Now, solve for the commission rate:
\[
\text{Commission Rate} = \frac{1160}{8000}
\]

6. Calculate the commission rate:
\[
\text{Commission Rate} = 0.145 \text{ or } 14.5\%
\]

So, the commission rate is **14.5%**.