Question

Raj was getting a 5% commission, but now he's getting 6.5%. How much more money will he make on $24,000 of sales than on his old commission?

Answer 1

If Raj was getting a 5% commission, he would make 24000 * 5% = $<<240005.01=1200>>1200 on $24,000 of sales.

If he is now getting a 6.5% commission, he will make 24000 * 6.5% = $<<240006.5.01=1560>>1560 on $24,000 of sales.

Thus, Raj will make 1560 - 1200 = $<<1560-1200=360>>360 more on $24,000 of sales with his new commission rate of 6.5% than he did with his old commission rate of 5%.