A TV salesman will make 18% commission on the profit of every TV he sells. If the electronics store buys a TV for $600 and the s
alesman sells the TV for $899, how much is his commission?
1 answer:
Answer:
Commission= $53.82
Step-by-step explanation:
<u>First, we need to calculate the gross profit of the sale:</u>
<u></u>
Gross profit= sale price - total cost
Gross profit= 899 - 600
Gross profit= $299
<u>Now, the commission made by the seller:</u>
Commission= gross profit*commission rate
Commission= 299*0.28
Commission= $53.82
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