Question
Find the commission. Round to the nearest cent. Sale: \( \$ 8300 \) Commission rate: \( 16.7 \% \) Commission amount: \( \$ \) \( > \) Next Question
Ask by Lang Fernandez. in the United States
Feb 03,2025
Real Tutor Solution
Tutor-Verified Answer
Answer
The commission amount is \$1,386.10.
Solution
To calculate the commission:
\[
\text{Commission Amount} = \text{Sale} \times \text{Commission Rate}
\]
\[
\text{Commission Amount} = \$8{,}300 \times 0.167 = \$1{,}386.10
\]
**Commission amount:** \$1,386.10
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Extra Insights
To find the commission, you multiply the sale amount by the commission rate. So, \( 8300 \times 0.167 = 1389.10 \). The commission amount is \( \$1389.10 \). If you're ever unsure about commission calculations, remember to convert the percentage to a decimal before multiplying. Just move that decimal point two places to the left—it's that simple!