Tamara is a real estate agent and makes 5% commission on her total sales. She sells a home for $350,000. What is her commission? A) $17 B) $175 Eliminate C) $1,750 D) $17,500

Respuesta :

So this is basically a ratio and the form I use to solve these is
Is. = %
Of. 100
So we're looking for 5% of the 350,000 which will be x

X. = 5
350000. 100
Cross multiply
100x=1750000
Divide by 100

X=17500

his is just a matter of converting 5% into a decimal =5/100 = .05. Take this value and multiply it by $350,000. The result is the amount of commission that Tamara made (.05)*350,000=$17,500 To make sure that this is correct we know that 10% of 350,000 is $35,000. Half of this value is equal to 5% and that is $17,500.