Instruction: Find the Commission, Rate and Total Sales of each problem. (5 POINTS EACH)
1. Rate = 8.5 % Total Sales = 24,500 pesos Find the Commission?
2. Commission = 850.00 pesos Total Sales = 5,500.00 pesos Find the Rate?
WRONG ANSWERS WILL BE REPORTED!
1. Rate = 8.5 % Total Sales = 24,500 pesos Find the Commission?
2. Commission = 850.00 pesos Total Sales = 5,500.00 pesos Find the Rate?
WRONG ANSWERS WILL BE REPORTED!
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Answer:
1. 2,082 ( 0.085 x 24,500 )
2. 15% or 15.4% ( 850 ÷ 5,500 )