The rate of commission can be calculated by dividing the commission received by the total sales amount and then multiplying by 100 to get the percentage.
Commission rate = (Commission received / Total sales) * 100
Commission rate = (3087.50 / 123000) * 100
Commission rate ≈ 2.51%
Therefore, the sales agent receives a commission rate of approximately 2.51%.
The commission received by a sales agent on sales of R123000 is R3087. 50 at what rate percent does he receive in commission
1 answer