A salesperson at a furniture store earns a 3% commission on all sales. How much commission does the salesperson earn on a $1400 sale?
0.03 * 1400 = ?
To calculate the commission earned by the salesperson on a $1400 sale, we need to multiply the sale amount by the commission rate.
The commission rate is given as 3%, which can be expressed as a decimal by dividing it by 100. So, the commission rate is 0.03.
To find the commission, we multiply the sale amount ($1400) by the commission rate (0.03):
Commission = Sale Amount x Commission Rate
Commission = $1400 x 0.03
Simplifying this calculation, we get:
Commission = $42
Therefore, the salesperson earns a commission of $42 on a $1400 sale.