Rate of commission as a percent is 12 %
Solution:
Kara weekly paycheck is $6,500 including her salary which is $1,000
Therefore,
Commission amount = Weekly paycheck - salary
Commission amount = 6500 - 1000
Commission amount = 5500
Her sales for the week totaled to $45,000
Therefore rate of commission is given as:
[tex]Commission\ rate = \frac{\text{commission amount}}{\text{sales for week}} \times 100[/tex]
Substituting the values we get,
[tex]Commission\ rate = \frac{5500}{45000} \times 100\\\\Commission\ rate = \frac{550}{45}\\\\Commission\ rate = 12.2 \approx 12[/tex]
Thus rate of commission as a percent is 12 %
