Question

Marco is a retail salesclerk who has a commission-based salary. If he earns a 5% commission on total sales, and his total sales for the month are $10,000, how much commission does he earn?

A) $500
B) $1,000
C) $1,500
D) $2,000

Answer 1

Marco's commission for the month is $500, which is calculated by multiplying the total sales amount, $10,000, by his commission rate of 5% (0.05 in decimal form).

Step-by-step explanation:

If Marco earns a 5% commission on total sales, and his total sales for the month are $10,000, you can calculate his commission by converting the percentage to a decimal and multiplying it by the total sales.

To convert 5% into a decimal, divide 5 by 100, which is 0.05. Then, multiply 0.05 by $10,000 to find the amount of commission Marco earns. This calculation would look like: 0.05 × $10,000 = $500. Therefore, Marco's commission is $500.