Jeffrey gets 16% commission for selling a piece of lot. How much will he receive as a commission if the lot is sold for 250,000 pesos?
(with solution:'))
Share
Jeffrey gets 16% commission for selling a piece of lot. How much will he receive as a commission if the lot is sold for 250,000 pesos?
(with solution:'))
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
im not sure but i think its 40,000
Verified answer
PROBLEM:
➠Jeffrey gets 16% commission for selling a piece of lot. How much will he receive as a commission if the lot is sold for 250,000 pesos?
[tex]======================[/tex]
GIVEN:
[tex]======================[/tex]
SOLUTION:
➢To find the commission, just use this formula:
Equation:
[tex] \tt \: Commission = (Commission \: Rate \: \div \: 100) \times Sales \\ \tt \: Commission = (16\% \: \div \: 100) \times 250 \: 000 \: pesos \: \: \: \: \: \: \: \: \: \: \: \\ \tt \: Commission = 0.16 \times 250 \: 000 \: pesos \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \\ \tt \: {\boxed{\tt{\blue{Commission = 40 \: 000 \: pesos}}}} \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]
➢Thus, Jeffrey will receive a commission of 40,000 pesos.
[tex]======================[/tex]