Question

A salesman made 890.50 selling 6850find the commission rate

Answer 1

The commission rate is approximately 13%, calculated by dividing the commission of $890.5 by the total sales of $6850 and multiplying by 100.

To find the commission rate, divide the earned commission by the total sales amount and multiply by 100 to express it as a percentage. In this case, the commission rate R can be calculated as follows:

`\[ R = \left( \frac{\text{Commission}}{\text{Total Sales}} \right) * 100 \]`

Substitute the given values:

`\[ R = \left( (890.5)/(6850) \right) * 100 \]`

Perform the calculation:

`\[ R \approx \left( (0.1299)/(1) \right) * 100 \approx 13\% \]`

Therefore, the commission rate is approximately 13%. This implies that the salesperson earned a commission equivalent to 13% of the total sales amount of $6850.