Question

Booker’s father sells computer software and earns a 4.25% commission on every software package he sells. How much commission would he earn on a software package that sold for $15,725? Round to the nearest cent.

A) $669.81
B) $650.52
C) $701.75
D) $668.44

Answer 1

To calculate the commission earned on a software package priced at $15,725 with a 4.25% commission, multiply the selling price by the commission percentage. The correct answer is D) $668.44.

Step-by-step explanation:

To calculate the commission earned on a software package, multiply the selling price by the commission percentage.

In this case, Booker's father earns a 4.25% commission, so the commission would be:

Commission = Selling Price x Commission Percentage

Commission = $15,725 x 0.0425

Commission ≈ $668.44

Therefore, the correct answer is D) $668.44.