Questions: Rate: for the total commission earned by a salesperson who sells 100,000 worth of computers at 5% commission per sale. What is 1.5% times the total earnings?
Transcript text: Rate: for the total commission earned by a salesperson who sells $100,000 worth of computers at 5% commission per sale. What is 1.5% times the total earnings?
Solution
Solution Steps
Step 1: Calculate Total Commission Earned
To find the total commission earned by a salesperson who sells $100,000 worth of computers at a 5% commission rate, we use the formula: