Rob Polanski is a tractor salesman. Last week his total sales amounted to $38,642.00, and he received $2,704.94 in commission. What is his rate of commission?

Question

Question 9 options:

A)

8.4%

B)

7%

C)

5.9%

D)

6%

Answer 1

To find Rob Polanski's rate of commission, you can use the formula:

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

Given:

• Total Sales = $38,642.00
• Commission = $2,704.94

Plugging in the values:

\[ \text{Commission Rate} = \left( \frac{2,704.94}{38,642.00} \right) \times 100 \]

Calculating the division:

\[ \frac{2,704.94}{38,642.00} \approx 0.06993 \]

Now, multiplying by 100 to get the percentage:

\[ 0.06993 \times 100 \approx 6.993 \]

Rounding to one decimal place, the commission rate is approximately 7.0%.

So, the answer is:

B) 7%