Answer:
His rate of commission is 5%
Step-by-step explanation:
Phil Smith is a car salesman.
Last week his total sales amounted = $27,650.00
He received his commission on this sale = $1,382.50
The rate of commission = [tex]\frac{1382.50}{27650}\times 100[/tex]
= 0.05 × 100
= 5%
His rate of commission is 5%.
