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Percentages, SM-Bank 082

Louella is a boat broker who is paid 6.5% commission on all boat sales.

Last quarter she sold boats to the value of \($443\ 000\).

How much pay did Louella receive in the form of commission last quarter?  (2 marks)

Show Answers Only

\($28\ 795\)

Show Worked Solution
\(\text{Commission}\) \(= 6.5\text{%}\times 443\ 000\)
  \(=\dfrac{65}{1000}\times 443\ 000\)
  \(=$28\ 795\)

  
\(\therefore\ \text{Louella earned }$28\ 795\ \text{in commission.}\)

Filed Under: Percentages Tagged With: num-title-ct-core, smc-4462-20-% of a quantity, smc-4462-40-Word problems percentages

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