Question

Dane sold a television for $35,000.

He was paid $1750 in commission for
his sale. At what rate was he paid
commission for the television?

Answer 1

5%

Explanation:

We can find the percentage of which he paid commission, by dividing the commision price by the television price:

1,750/35,000

This equates to 0.05.

In percentage form, this is 5%.

So the answer is that the commision fee is 5%.

Hope this helps!