Question

Please don’t answer if you don’t know

Answer 1

62.3

Explanation:

To find how much a percentage is worth you take the initial number then multiply it by the percentage over a hundred. So in this situation it would be

566.37 times 11/100

Since it's 11 over a hundred you can turn that into 0.11 making it

566.37 times 0.11 or 566.37(0.11)

Coming out to 62.3007

rounded to nearest cent

$62.3

Answer 2

$62.30

Explanation:

You want the amount of an 11% commission earned on a sale of $566.37.

Commission

The commission is found by multiplying the value of the sale by the commission rate:

commission = $566.37 × 0.11 = $62.3007

Shannon earned a commission of $62.30 on the sale.

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Additional comment

Most calculators will omit trailing zeros, so report this number as 62.3. When writing this as an amount currency in dollars and cents, it should be written with the hundredths digit included: 62.30.

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