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A salesperson sold a car for $18,250 and their commission is $693.50. What percentage of the sale price is their commission?

1 Answer

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The price of the car is $18250

The commission is 693.5

Percentage is expressed in terms of 100. To find what percentge of the sale price is the commission, we would find the ratio of the commission to the sale price and express it in terms of 100. It becomes

693.5/18250 * 100

= 3.8%

Their commission is 3.8% of the sale price

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