QUESTION IMAGE
Question
- elijah gets 3% commission for every car he sells. if he sold several cars for $48,000, what would be his commission?
- the store increased the price from $40 to $52. find the percent increase.
Problem 1:
Step1: Convert percentage to decimal
To find 3% of $48,000, first convert 3% to a decimal. 3% is equal to $3\div100 = 0.03$.
Step2: Calculate commission
Multiply the total sales amount by the decimal form of the commission rate. So, the commission is $48000\times0.03$.
$48000\times0.03 = 1440$
Step1: Find the amount of increase
First, find the difference between the new price and the original price. The original price is $40 and the new price is $52. So, the increase is $52 - 40 = 12$.
Step2: Calculate the percent increase
Percent increase is calculated by dividing the amount of increase by the original price and then multiplying by 100. So, the percent increase is $\frac{12}{40}\times100$.
$\frac{12}{40}\times100 = 0.3\times100 = 30\%$
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Elijah's commission would be $1440.