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Question

Part 1
A salesperson earns ​$105 selling ​$2 comma 625 worth of television sets. What is the commission​ rate?

Answer 1

To determine the commission rate, you can use the following formula:

\[ \text{Commission Rate} = \left(\frac{\text{Commission Earned}}{\text{Total Sales}}\right) \times 100 \]

In this scenario:

• Commission Earned = $105
• Total Sales = $2,625

Now, plug in the values:

\[ \text{Commission Rate} = \left(\frac{105}{2625}\right) \times 100 \]

Calculating this:

1. Divide \(105\) by \(2625\):

\[ \frac{105}{2625} \approx 0.04 \]

2. Multiply by \(100\):

\[ 0.04 \times 100 \approx 4 \]

Thus, the commission rate is approximately \(4%\).