a salesperson sold a car for $18,250 and their commission is $693.50. What percentage of the sale price is their commission?
To find the percentage of the sale price that is their commission, divide the commission by the sale price and multiply by 100.
Percentage of the commission = (Commission / Sale price) * 100
= ($693.50 / $18250) * 100
= 0.038 * 100
= 3.8%
Therefore, the salesperson's commission is 3.8% of the sale price.