Questions: Calculate the commission that a sales person would earn if they received 4% commission on a car they sell for 36,000. Commission Amount = [?]

Calculate the commission that a sales person would earn if they received 4% commission on a car they sell for 36,000.

Commission Amount = [?]
Transcript text: Calculate the commission that a sales person would earn if they received 4\% commission on a car they sell for $\$ 36,000$. Commission Amount = $\$[?]$
failed

Solution

failed
failed

Solution Steps

To calculate the commission that a salesperson would earn, we need to multiply the sale price of the car by the commission rate.

Solution Approach
  1. Define the sale price of the car.
  2. Define the commission rate.
  3. Calculate the commission by multiplying the sale price by the commission rate.
Step 1: Define the Sale Price and Commission Rate

The sale price of the car is given as \( \$36,000 \) and the commission rate is \( 4\% \), which can be expressed as a decimal: \[ \text{commission rate} = \frac{4}{100} = 0.04 \]

Step 2: Calculate the Commission

To find the commission earned by the salesperson, we use the formula: \[ \text{Commission} = \text{Sale Price} \times \text{Commission Rate} \] Substituting the values: \[ \text{Commission} = 36000 \times 0.04 = 1440 \]

Final Answer

The commission amount earned by the salesperson is \[ \boxed{1440} \]

Was this solution helpful?
failed
Unhelpful
failed
Helpful