A salesperson earns ​$154 selling ​$2 comma 200 worth of television sets. What is the commission​ rate?

Answer 1

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%.