Question

Stuart's income is based entirely on sales commissions. His commission rate is 2.5%, if Stuart sold $2000 worth of merchandise, how much would he earn?

Answer 1

Stuart would earn=$50

Explanation:

Step 1: Value of sales

Given the total value of sales Stuart made=$2000

Step 2: Calculate how much Stuart earns

The expression for how much Stuart will earn is as follows;

A=r×c

where;

A=total amount of Stuarts income

r=commission rate

c=total value of sales

In our case;

A=unknown

r=2.5%=2.5/100=0.025

c=$2000

Step 3: Substitute values in the expression

A=2.5% of $2,000

A=(2.5/100)×2,000

A=0.025×2,000

A=50

Stuart would earn=$50