a boy sold $88.50 worth of stationery. If he received a 33 1/3% commission, what was the amount of his commission?
So first off 33.(1/3)
just means 33.33333...(and so on)
And 33.333 = 1/3 in fraction fotm
Therefore an easy way to format this problem into an equation is
88.50*(1/3)
Theres a simple two step process when solving a math problem like this.
Simply multiply 88.5 by 1 THEN divide your product by 3.
EQUATION: 88.5*(1/3)
STEPS:
88.5*1=88.5
88.5/3=29.5
Your answer is 29.5
what is 88.50*(1/3)?
Well, that's a tricky question! We're talking about commission here, not a circus ticket, but I can still calculate it for you. Now, with a commission of 33 1/3%, we need to find out how much that is in dollars. So, let's get to it!
To find the commission, we multiply the sales amount ($88.50) by the commission rate (33 1/3% or 1/3. In decimal form, that's approximately 0.333).
$88.50 * 0.333 = $29.46
Voila! The amount of his commission would be approximately $29.46. So, he definitely made a decent chunk of change!
To find the amount of the commission, we need to first calculate the commission rate.
The commission rate is given as 33 1/3%, which can be written as a decimal by dividing the percentage value by 100.
33 1/3% = 33.33% ÷ 100 = 0.3333
Next, we multiply the total amount of stationery sold by the commission rate to find the amount of the commission.
Commission = Total amount sold × Commission rate
Commission = $88.50 × 0.3333
Calculating this:
Commission = $29.50
Therefore, the amount of his commission is $29.50.
To calculate the amount of the commission, we first need to find out what 33 1/3% of $88.50 is.
To calculate a percentage, we can multiply the value by the percentage in decimal form.
To convert 33 1/3% to decimal form, we divide the percentage by 100:
33 1/3 ÷ 100 = 0.3333 (rounded to 4 decimal places)
Now, we can find the amount of the commission by multiplying the decimal form of the percentage by the total value of the stationery sold:
0.3333 × $88.50 = $29.50
Therefore, the amount of the boy's commission was $29.50.