☭ COMMISSION RATE
[tex] \green {\underline{ \qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad}}[/tex]
Problem:
Simon earned Php780 commission for selling Php5 000 worth of sunglasses. What is the rate of commission?
Answer:
[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \underline{\tt \blue{15.6\%}}[/tex]
Solution:
Let r represent the unknown comission rate.
commission = commission rates/sales
- [tex] \large{780 = r/5000}[/tex]
- [tex]\large{ \frac{780}{780} = \frac{5000r}{5000}} [/tex]
- [tex]\large{\red{0.156}} = \bold{r}[/tex]
Therefore, the commission rare is 15.6%
[tex]\green {\underline{ \qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad\qquad}}[/tex]
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