Question

Maurice earns a commission of 6,048 from the sale of a Lexus, priced at $50,400. What is Maurice's commission rate?

Answer 1

commission rate of Maurice is 12%

Explanation:

Maurice earns commission = $6,048

Lexus priced at = $50,400

Maurice's commission rate =

=
`\frac {commision}{rate} * 100`

=
`(6048)/(50400) * 100`

=12 %

hence the commission rate of Maurice is 12%