## Related questions with answers

Question

Elrod York is paid a 5% commission on all monthly sales. His monthly sales average $82,000. What total commission is he likely to earn for the year?

Solution

VerifiedStep 1

1 of 3$5\% \times \$82,000=0.05\times \$82,000=\$4,100$

The (monthly) commission is the product of the commission rate and the total sales.

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