Question

A dealer paid $12,500.00 for a boat at an auction. At the dealership, a salesperson sold the boat for 25% more than the auction price. The salesperson received a commission of 20% of the difference between the auction price and the dealership price. What was the salesperson’s commission?

Answer 1

$625 for commision

Explanation:

multiply 12,500.00 125% which is 1.25

then you get 15625, subtract 15625 - 12500 = 3125

the multiply that by 20% (.20) which is $625