Question

1. Ryan works at a store. He is paid an hourly rate plus 17% commission for all products that he sells.

One week, he was paid $459 for working 20 hours and selling $1700 worth of products. What is his
hourly rate?

Answer 1

To find Ryan's hourly rate, we need to first calculate how much money he made from commissions. We can do this by multiplying his total sales by the commission rate: $1700 * 0.17 = $289.

Next, we need to subtract the commission from his total pay to find his base pay: $459 - $289 = $170.

Finally, we can divide his base pay by the number of hours he worked to find his hourly rate: $170 / 20 hours = $<<170/20=8.50>>8.50 per hour.

Answer 2

$8.50

Explanation:

To find Ryan's hourly rate, we need to first determine the total amount of money he made from commission. Since Ryan was paid 17% commission for all the products he sold, and he sold $1700 worth of products, he made 17/100 * $1700 = $289 in commission.

Next, we need to subtract this amount from his total pay to find the amount he was paid for working. Since Ryan was paid a total of $459, and made $289 in commission, he was paid $459 - $289 = $170 for working.

Finally, we can use this amount to calculate his hourly rate by dividing it by the number of hours he worked. Since Ryan was paid $170 for working 20 hours, his hourly rate is $170 / 20 = $8.50 per hour.

Therefore, Ryan's hourly rate is $8.50.