A sales representative for Data Electronics earns a salary of 1314 dollars per month plus a commission based on the total value of her sales. If she earned 1484.40 dollars for the month and her sales totaled 5680 dollars, what is her rate of commission?
What is the answer
if the commission is x% then
1314 + 5680 * x/100 = 1484.40
THX
Idk.
try to find it out for your self. but I keeped getting this one wrong. I still don't get it. Oppps.
This year, Village Realty sold 280 homes. Last year they sold 350 homes. If their sales decrease by the same percent next year, how many homes can Village Realty expect to sell next year?
can anyone find the answer to this? I don't get it.
To find the rate of commission for the sales representative, we need to divide the amount of commission she earned by the total value of her sales.
First, let's calculate the amount of commission earned by subtracting her base salary from her total earnings:
Commission = Total Earnings - Base Salary
Commission = 1484.40 - 1314
Commission = 170.40 dollars
Next, we'll calculate the rate of commission by dividing the commission earned by the total value of sales and multiplying by 100 to express it as a percentage:
Rate of commission = (Commission / Total Sales) * 100
Rate of commission = (170.40 / 5680) * 100
Rate of commission ≈ 2.995775 %
Therefore, the sales representative's rate of commission is approximately 2.995775%.