Question

The average car sold from dealership a is 25,700. If the salesperson receives 1.5% commission on the price of the car, how much commission is made on a average per car sold

Answer 1

Average commission = $385.50

Explanation:

Commission is calculated by multiplying the sales price by the decimal equivalent of the percentage. To convert a percentage to a decimal, we can divide by 100, or move the decimal point two places to the left:

1.5 = .015 or
`(1.5)/(100)=.015`

Since the average car sold at the dealship is $25,700, we can multiply this sales price by 0.015 to get the amount of commission made on average:

25,700 x 0.015 = $385.50.