Question

a salesperson sells $3500 in merchandise and earns a commission of $490. find the commission rate. write your answer as a percentage.

Explanation:

Step1: Define commission rate formula

Commission rate = $\frac{\text{Commission Earned}}{\text{Total Merchandise Sales}} \times 100\%$

Step2: Substitute given values

$\text{Commission rate} = \frac{490}{3500} \times 100\%$

Step3: Calculate the ratio first

$\frac{490}{3500} = 0.14$

Step4: Convert to percentage

$0.14 \times 100\% = 14\%$

Answer:

14%