A restaurant equipment salesman is paid a 4% commission rate on his total sales. One week he sells a total of $26,300 in product. What is his commission pay for that week?

Answer 1

To calculate the commission pay for the week, you can use the formula:

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

In this case, the total sales are $26,300, and the commission rate is 4%, which can be expressed as a decimal (0.04).

Now, plug in the values:

\[ \text{Commission} = 26,300 \times 0.04 \]

Calculating this gives:

\[ \text{Commission} = 1,052 \]

Therefore, his commission pay for that week is $1,052.