Question

Mr. Coyne sells cars as a part time job and works off commission. When he sold a car last week he made $500. The car's selling price was $17,250. What percent was Mr. Coyne's commission? (Round to the nearest whole percent)

Answer 1

Commission percent = 3 % (Approx)

Explanation:

Given:

Amount of commission = $500

Sales price of car = $17,250

Find:

Commission percent

Computation:

Commission percent = [Amount of commission/Sales price of car]100

Commission percent = [500/17,250]100

Commission percent = 2.89 %

Commission percent = 3 % (Approx)