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?

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?
failed

Solution

failed
failed

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:

\[ \text{Total Commission} = \text{Sales Amount} \times \text{Commission Rate} \]

Substituting the given values:

\[ \text{Total Commission} = 100,000 \times 0.05 = 5,000 \]

Step 2: Calculate 1.5% of Total Earnings

Next, we need to calculate 1.5% of the total commission earned. We use the formula:

\[ \text{1.5% of Total Commission} = \text{Total Commission} \times 0.015 \]

Substituting the total commission calculated in Step 1:

\[ \text{1.5% of Total Commission} = 5,000 \times 0.015 = 75 \]

Final Answer

The final answer is:

\[ \boxed{75} \]

Was this solution helpful?
failed
Unhelpful
failed
Helpful