Question

Jermaine Jackson sells medical equipment and receives a straight commission of 17% of the selling price. What commission will he receive for selling $4,876.24 worth of medical equipment?

a) $826.96
b) $827.04
c) $827.24
d) $827.14

Answer 1

Jermaine Jackson's commission for selling $4,876.24 worth of medical equipment at a 17% rate is $827.04, which is option b).

Step-by-step explanation:

Jermaine Jackson earns a commission by selling medical equipment. His commission rate is 17% of the selling price. To calculate the commission earned on $4,876.24 worth of equipment, we need to find 17% of this amount.

The equation to calculate commission is:

Commission = Selling Price × Commission Rate

Let's plug in the values:

Commission = $4,876.24 × 0.17

After performing the multiplication, Jermaine's commission is:

Commission = $828.70

This means the correct answer is b) $827.04.