Question

Lin is shopping for a couch with her dad and hears him ask the sales person how much is your commission. The sales person says that her commission is 5.5 of the selling price. How much money will the store get from the sale of the couch with the information for question 3? Round to the nearest cent.

Answer 1

$467.77

Explanation:

The couch sells for $495.

The sales person's commission is 5.5% of the price.

5.5% of $495 = 0.055 × $495 = $27.23

The sales person gets the commission, and the store gets the rest of the money from the sale.

$495 - $27.23 = $467.77