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4 October, 05:56

1. Mike makes a commission of 8.5% on each TV set sold at store. Each TV costs $120. How much money will he make as commission if store sells 35 TV sets?

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  1. 4 October, 08:38
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    Answer: $357

    Step-by-step explanation:

    Given, The rate of commission earned by Mike on selling 1 TV set = 8.5% = 0.085 [ To convert percent into decimal we divide it by 100]

    Cost of 1 TV = $120

    Then, Commission he earns on selling 1 TV = (Rate of commission) x (Cost of 1 TV)

    = (0.085) x (120)

    = $10.2

    That means, the commission he will earn on selling 365 TV sets = 35 x (Commission he earns on selling 1 TV)

    = 35 x (10.2) = $357

    Hence, he will make $357 as commission if store sells 35 TV sets.
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