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1 vote
your brother loves music and has been wanting a new set of speakers. you find a nice set at the electronics shop that cost 75. the sales person made 5.5% commission of your purchase. how much commission did the salesperson earn (rounded to the nearest cent)

2 Answers

5 votes

Answer:

$4.13

Explanation:

Commission=Purchase Price×(100/Commission Rate)

Commission=75/(100/5.5)

=4.125

4.125 rounded to the nearest cent (5 rounds up) is 4.13

User Kanth
by
8.1k points
7 votes

Answer :

  • $4.13

Explanation :

all we are required to do in order to find the amount gained by the sales person from a commision of 5.5% is multiply the commission to the selling price .

  • $75*5.5% = $4.125

rounding it to nearest cent

  • $4.125 = $4.13

thus,the sales person got an amount of $4.13 for a commission of 5.5% .

User Jmpena
by
9.3k points

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