asked 218k views
4 votes
hey sales person sells $2900 and merchandise and earns a commission of 522 what is the commission rate?

1 Answer

4 votes

Answer: 18%

Step-by-step explanation: To find the commission rate, we can divide the commission earned by the total merchandise sold.

Given:

Total merchandise sold = $2900

Commission earned = $522

To calculate the commission rate:

Commission rate = (Commission earned / Total merchandise sold) * 100%

Substituting the given values into the formula:

Commission rate = (522 / 2900) * 100%

Calculating the commission rate:

Commission rate = 0.18 * 100% = 18%

Therefore, the commission rate for this salesperson is 18%.

answered
User Bikesh M
by
8.1k points
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