a salesperson earns $108 selling $1800 worth of television sets. What is the commission rate?
To calculate the commission rate, we need to divide the commission earned ($108) by the total sales ($1800) and then multiply by 100 to express it as a percentage.
Commission Rate = (Commission Earned / Total Sales) * 100
Substituting the given values:
Commission Rate = (108 / 1800) * 100
Calculating:
Commission Rate = 0.06 * 100
Simplifying:
Commission Rate = 6
Therefore, the commission rate is 6%.