Question

Last month, a salesperson at a car dealership sold $205,000 worth of cars. The commission rate is 5%. How much did the salesperson earn last month in commission?

Answer 1

To calculate the salesperson's commission, multiply the total sales worth by the commission rate of 5%. The salesperson earned $10,250 in commission last month.

Step-by-step explanation:

To calculate the commission earned by the salesperson, you need to multiply the total sales worth ($205,000) by the commission rate (5%).

Step 1: Convert the commission rate to a decimal by dividing it by 100. 5% ÷ 100 = 0.05.

Step 2: Multiply the total sales worth by the commission rate. $205,000 x 0.05 = $10,250.

Therefore, the salesperson earned $10,250 in commission last month.