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vaieri [72.5K]
2 years ago
13

Charles sold $800,000 worth of real estate last month. His commission for the month was $16,000. what rate of commission dischar

ge received
Mathematics
1 answer:
avanturin [10]2 years ago
3 0

Answer:

2%

Step-by-step explanation:

lets assume his commission be x%

so ,

800000*x/100 = 16000

800000*x = 1600000

x= 1600000/800000

x=2

so rate of commission is 2%

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Retention ratio = (net income - dividends) / net income

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8 0
3 years ago
Read 2 more answers
2. You bought items at Best Buy totaling $290.76. You have a 20%
vovangra [49]

Answer:

Discount = $290.76 × 0.2 = $58.15

Cost After Discount = $290.76 - $58.15 = $232.61

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Step-by-step explanation:

Discount:

290.76 × 0.2* = 58.152

Round that to 58.15

* Turn 20% into a decimal (0.2)

Cost after Discount:

290.76 - 58.15 = 232.61

Sales Tax:

First turn 6.25 % into a decimal. Which would be 0.0625.

0.0625 × 232.61* = 14.556875

Then we round to the nearest hundredth and you get 14.56.

* We us the amount after the discount instead of the original price.

How much you pay:

232.61 + 14.56 = 247.17

8 0
3 years ago
A fan is marked up 40% on the original price. The original price was $20. What is the new price of the fan before sales tax?
JulsSmile [24]

Answer:

$28

Step-by-step explanation:

40% of 20 is 8

20 + 8 = 28

8 0
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Write an out an equation using the information given. So:

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This means that the answer is D.

Hope this helped  :)</span>
3 0
3 years ago
Read 2 more answers
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