Relate Fractions, Decimals, and Money. Write the money amount as a fraction in terms of dollars. The problems are $0.66 and $1.0
0. How do I find the answers?
1 answer:
You convert a decimal to a fraction by putting the digits to the right of the decimal point over "1" followed by the same number of zeros. (Most folks learn this in 3rd or 4th grade.)
0.66 = 66/100 . . . . . 2 decimals, so the denominator is 100
Then you reduce the fraction by canceling common factors. It helps to know your times tables and divisibility rules. (Or you can have your calculator do it.)
0.66 = 66/100 = 33/50
1.00 = 100/100 = 1
0.66 = 66/100 . . . . . 2 decimals, so the denominator is 100
Then you reduce the fraction by canceling common factors. It helps to know your times tables and divisibility rules. (Or you can have your calculator do it.)
0.66 = 66/100 = 33/50
1.00 = 100/100 = 1
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Given:
Lamont cotton is 4% commission on the first 10,000 of monthly sales and 10% on all sales over 10,000.
Consider his last month sales is 38,000.
To find:
The total commission.
Solution:
4% commission on the first 10,000 of monthly sales is
Sales over 10,000 is
10% commission on all sales over 10,000 is
Now, the total commission is
Therefore, the total commission is 3,200.