Question

Lin is shopping for a couch with her dad and hears him ask the salesperson, “How much is your commission?” The salesperson says that her commission is 512%512% of the selling price.

How much commission will the salesperson earn by selling a couch for $495? Round to the nearest cent

How much money will the store get from the sale of the couch

Answer 1

$27.23

$467.77

Explanation:

Commission of the salesperson = 5 1/2%

How much commission will the salesperson earn by selling a couch for $495? Round to the nearest cent

Salesperson commission = 5 1/2% of the price

= 5 1/2% × $495

= 11/2% × 495

= 0.055 × 495

= $27.225

Approximately,

$27.23

How much money will the store get from the sale of the couch

= Price - salesperson commission

= $495 - $27.23

= $467.77