A salesperson's commission rate is 5%. What is the commission from the sale of $36,000 worth of furnaces? Use pencil and pape r. Suppose sales would double. What would be true about the commission? Explain without using any calculations.
1 answer:
Answer:
a. $1,800
b. Commission would double as well.
Step-by-step explanation:
Commission paid on $36,000 worth of furnaces with a rate of 5% is:
= Amount of sales * commission rate
= 36,000 * 5%
= $1,800
If the sales were to double, the commission would be based on double the amount so it would double as well.
= 36,000 * 2
= $72,000
Commission = 72,000 * 5%
= $3,600
<em />
<em>Commission therefore doubled. </em>
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He answer is subjective probability. Subjective probability is when it has no prior calculations and the person is just guessing. Theoretical probability is when it’s based on prior calculations. Experimental probability is when you experiment and calculate.
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