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A car salesman earns a 1.5% commission on every car he sells. What is his commission for selling a car for 7500?

Options:
A) 75
B) 112.50
C) 125
D) 150

User Justin Lam
by
8.1k points

1 Answer

1 vote

Final answer:

A car salesman earning a 1.5% commission on a $7,500 car sale would receive a commission of $112.50. The calculation is based on multiplying the sale price by the commission rate in decimal form.

Step-by-step explanation:

To calculate the commission for selling a car for $7500, you need to multiply the selling price by the commission rate. In this case, the commission rate is 1.5%.

To find the commission amount, multiply $7500 by 0.015 (which is the decimal form of 1.5%).

Thus, the commission for selling a car for $7500 is $112.50.

The student asked about calculating the mission for a car salesman who earns a 1.5% commission on every car he sells. To find the commission for selling a car for $7,500, you need to multiply the sale price by the commission rate. The formula for this calculation is Commission = Sale Price × Commission Rate.

Using the given numbers: Commission = $7,500 × 1.5%. To convert the percentage to a decimal, divide by 100: 1.5% × $7,500 = 0.015 × $7,500. Therefore, the commission is 0.015 × $7,500 = $112.50.

So, the correct answer to the student's question is B) $112.50.

User KennethLazos
by
7.1k points