Question

Try once more Booker's father sells computer software and earns a 4.25% commission on every software package he sells. How much commission would he eam on a software package that sold for $15.725? Round to the nearest cent

Answer 1

He will earn the following amount:

`x=(15.725)(0.0425)\Rightarrow x=0.6683125\Rightarrow x\approx0.67`

So, he will earn a commission of approximately $0.67.

***Explanation***

*Since we are given that he will earn the 4.25% commission for each sale and he sold $15.725 we will operate as follows:

*The $15.725 will represent 100% of the price of the sale, and we will want to find what is 4.25% of that:

*We then multiply the total cost of the sale ($15.725) times the percentage we want to obtain (4-25%) and divide that by the percentage that the whole sale represents (100%), that is:

`x=(15.725\cdot4.25)/(100)\Rightarrow x=15.725\cdot(0.0425)\Rightarrow x=0.6683125`

So, we round to the nearest cent:

`\Rightarrow x\approx0.67`

So, the commission that he will earn for the $15.725 sale is approximately $0.67.