Phil Smith is a car salesman. Last week his total sales amounted to $27,650.00, and he received $1,382.50 in commission. What is his rate of commission?

A. 4.8 percent B. 5 percent C. 23 percent D. 17 percent

I think C or D?

100 * 1382.5/27650 = 5 %

Oh okay!

Thanks Damon!

To find Phil Smith's rate of commission, we need to calculate the percentage of commission he received from his total sales. We can do this by dividing the commission he received by his total sales and then multiplying by 100.

Commission Rate = (Commission / Total Sales) * 100

In this case, Phil Smith received $1,382.50 in commission and his total sales amounted to $27,650.00.

Commission Rate = (1,382.50 / 27,650.00) * 100

Commission Rate = 0.05 * 100

Commission Rate = 5 percent

So, Phil Smith's rate of commission is 5 percent, which corresponds to answer choice B.