Question

A car salesman earns 5% on the sale of a BMW sold for $103,100. What is his take home pay that day?

Answer 1

Explanation:

Looks like we're trying to find out what 5% of 103,100 is. We first need to convert the percent into a decimal and then multiply.

`5\% = 0.05`

Now we can multiply

`(0.05)(103100) = 5155`

Answer 2

$5155

Explanation:

We know

A car salesman earns 5% on the sale of a BMW sold for $103,100.

5% = 0.05

What is his take-home pay that day?

We take

103,100 times 0.05 = $5155

SO he takes home $5155.