1 Answer

Atanu Roy · Answer 1 · 2023-05-02T21:00:36+0000

STEP - BY - STEP EXPLANATION

What to find?

The rate of commission.

Given:

To solve, we will follow the steps below:

Step 1

Define the formula that can be use in solving the given problem.

$Rate\text{ of commission=}\frac{amount\text{ earned}}{total\text{ amount}}*100$

From the question;

amount earned = $6300 and total amount = $210000

Step 2

Substitute the values into the formula and simplify.

$Rate\text{ of commission=}(6300)/(210000)*100\text{ \%}$
$=(63)/(21)\text{ \%}$
$=3\text{ \%}$

ANSWER

The rate of commission is 3 %

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