Calculate Sales Commission on $23,999 Sale

Question:

At the green lot used car company, each salesperson revives a 6.5% commission. If a salesperson sells an automobile for 23,999, how much money did he make ion commission?

Answer:

To calculate the commission earned by a salesperson, you can use the following formula:

Commission = Sale Price x Commission Rate

Given:

Sale Price of the automobile: $23,999

Commission Rate: 6.5% (which is 0.065 in decimal form)

Steps to Calculate Commission:

1. Convert the commission rate to decimal: 6.5% = 0.065

2. Multiply the sale price by the commission rate: Commission = 23,999 x 0.065

Commission = 1,559.935

Commission Earned:

The salesperson earned $1,559.94 in commission. (Rounded to the nearest cent)