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5% commission rate of 14.98 is what?

User Palig
by
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1 Answer

2 votes

Answer:

$0.75

Explanation:

To find the answer we simply multiply the amount of money earned by the percentage.

So the total amount of money = $14.98

And the percentage = 5%

But I order to calculate this we must first turn the percentage into a decimal. To do this we decide the number of the percentage by 100

In this case that is 5/100=0.05

We can now multiply this by the amount of money to get 0.05*14.98=0.749

We then round our answer to two decimal places (because money can not go past two) to get $0.75

User JohnyMSF
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