The commission rate can be found by dividing the commission earned by the amount of merchandise sold:
Commission rate = (Commission earned / Amount sold) x 100%
Plugging in the given values, we get:
Commission rate = ($493 / $2900) x 100%
Commission rate = 0.17 x 100%
Commission rate = 17%
Therefore, the commission rate is 17%.
A salesperson earns a commission of
$493
for selling
$2900
in merchandise.
Find the commission rate. Write your answer as a percentage.
1 answer