Question

O PERCENTS

Finding the rate of a tax or commission
A salesperson sells $2700 in merchandise and earns a commission of $405.
Find the commission rate. Write your answer as a percentage.
0 %
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Answer 1

Commission rate = 15%

Explanation:

Given that:

Amount of merchandise sold = $2700

Commission earned = $405

We can find the commission rate by dividing the commission with total sales and multiplying it with 100.

Commission rate =
`(Commission)/(Total\ sales)*100`

Commission rate =
`(405)/(2700)*100`

Commission rate = 0.15 * 100

Commission rate = 15%

Hence,

Commission rate = 15%