Question

Milo receives a commission of 8% on all sales. If his commission on a sale was $97.84 find the cost of the item he sold

Answer 1

Answer:

Cost of the item sold= $1,223

Step-by-step explanation:

Let

x= cost of the item sold

$97.84=commission on the item

Percentage of the commission=8%

To find the cost of the item sold

Commission=8% of cost of the item

97.84=0.08 * x

97.84=0.08x

Divide both sides by 0.08

97.84 / 0.08 = 0.08x / 0.08

1,223=x

x=$1,223

Therefore, cost of the item sold= $1,223