Question
Find the commission. Round to the nearest cent. Sale: \( \$ 5200 \) Commission rate: \( 17.3 \% \) Commission amount: \( \$ \)
Ask by Johnston Peters. in the United States
Feb 03,2025
Real Tutor Solution
Tutor-Verified Answer
Answer
The commission is \$899.60.
Solution
To calculate the commission:
1. **Convert the commission rate from a percentage to a decimal:**
\[
17.3\% = 0.173
\]
2. **Multiply the sale amount by the commission rate:**
\[
\$5200 \times 0.173 = \$899.60
\]
**Commission Amount:** \$899.60
Reviewed and approved by the UpStudy tutoring team
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Simplify this solution Beyond the Answer
To find the commission, you simply multiply the sale amount by the commission rate. In this case, it's \( 5200 \times 0.173 = 900.76 \). So, the commission amount is \( \$ 900.76 \). You can ensure accuracy by checking your calculation with a calculator or spreadsheet. This helps prevent rounding errors, especially if you're dealing with larger numbers or different commission rates. Keeping your math in check is essential!
