3. Ryan sold a cellphone for P16,000.00 and received P2,000.00 as a commission. What was his rate of commission?
With solution pls!
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3. Ryan sold a cellphone for P16,000.00 and received P2,000.00 as a commission. What was his rate of commission?
With solution pls!
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Answer:
12.5%
Step-by-step explanation:
To solve for the commission, we should divide P2,000 by P16,000 and multiply that number by 100 and add the percent sign (%).
Example:
P2,000.00 ÷ P16,000.00 = 0.125
0.125 · 100 = 12.5
Ryan's rate of commission is 12.5%
Hope this helps!
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