Question

The average car sold from Dealership A is $25,700. If the sales person receives 1.5% commission on the price of the car, how much commission is made on average per car sold?

Answer 1

Answer:

385.5 USD

Step-by-step explanation:

If an average car is sold for 25,700 USD, and the sales person gets 1.5% commission of it, we can easily get to the amount of money that the sales person managed to get from each sale.

The 25,700 should be divided by 100, as that is number of total percentage:

25,700 / 100 = 257

So we have 1% being 257 USD, but we need 1.5%, so we should multiple the 257 USD by 1.5%:

257 x 1.5 = 385.5

So we get a result of 385.5 USD, which is the amount the sales person makes from commissions on average per sold car.