Question

A salesman earns 7% commission on all the merchandise that he sells. Last month he sold $6000 worth of merchandise. How much commission (in dollars) did he earn last month?

Answer 1

Answer: $420

Explanation:

Percentage on commission earned = 7%

Amount of merchandise sold = $6000

Amount of commission earned = Percentage on commission earned × Amount of merchandise sold

= 7% × $6000

= 7/100 × $6000

= 0.07 × $6000

= $420

He earned $420 as commission last month.