Question

A salesperson earns a commission of 592 for selling3700 in merchandise.

Find the commission rate. Write your answer as a percentage.

Answer 1

The commission rate is calculated by dividing the commission amount ($592) by the total sales amount ($3700) and then multiplying by 100 to convert it into a percentage, yielding a commission rate of 16%.

Step-by-step explanation:

To find the commission rate, expressed as a percentage, we divide the commission amount by the total amount of merchandise sold, and then multiply by 100. Follow these steps:

1. Divide the commission ($592) by the total sales amount ($3700).
   Commission rate = $592 / $3700
2. Multiply the result by 100 to get the percentage.
   Commission rate = ($592 / $3700) × 100

By calculating this, we get:

Commission rate = (592 / 3700) × 100

Commission rate = 0.16 × 100

Commission rate = 16%