Answer:
5.5 pt or 5 1/2 pt
Step-by-step explanation:
A pint is half of a quart, so multiply 2 3/4, or 2.75 by 2, and you'll get your answer. If
Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
Answer:
4.25%
Step-by-step explanation:
<u>Step 1: Calculate the commission paid</u>
<em>Commission = Gross earning - base salary</em>
<em>Commission = 441.3 - 375</em>
Commission = 66.3
<u>Step 2: Calculate the commission sales</u>
<em>Commission sales = Total sales - quota sales</em>
<em>Commission sales = 6560 - 5000</em>
Commission sales = 1560
<u>Step 3: Calculate the rate of commission</u>
<em>x% of 1560 = 66.3</em>
<em>x% * 1560 = 66.3</em>
<em>x% = 0.0425</em>
x = 4.25%
Therefore, the rate of commission was 4.25%.
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