Answer:
The commission rate in percentage = 16%
Step-by-step explanation:
Given
Commission Amount = $352
Sales Price = $2200
To determine
Find the commission rate in percentage.
Using the formula
Commission percentage = Commission Amount / Sales Price
substituting Commission Amount = 352 and Sales Price = 2200
= 352 / 2200
= 0.16
Multiply by 100 to get the percentage:
0.16 × 100 = 16%
Therefore, the commission rate in percentage = 16%
