Question

1. John Smith has a past due balance of $80 on his account. He called today to pay off his balance in full. You receive 25% commission of his payment to go toward your budget. What is your total commission received from John's payment?

Answer 1

Answer: $20

Explanation:

From the question, we are informed that John Smith has a past due balance of $80 on his account and out of the $80 paid, 25% will be given as commission.

Therefore, the total commission received from John's payment will be:

= 25% × $80

= 25/100 × $80

= 0.25 × $80

= $20

The commission is $20