Question

MIlo receives a commission of 8% on all sales. If his commission on a sale was $114.80, find the cost of the item sold.

Answer 1

if we divide 114.80 by 8 we get 14.35. We do this to get the 1% of the cost.

since we now know that 14.35 is 1% we can multiply 14.35 by 100 and once we do this we get 1435