Question 97406
2% of 761,000


2% is 2 percent --> "per-cent" means "out of 100" so 2% is 2/100.


"of" means multiply, like "what is three lots of 4": answer is 3x4 = 12


so we get (2/100) x 761,000


if you want to write it simpler, then 2/100 is 0.02 so we get 0.02 x 761,000.


Use a calculator to get the value of this commission.
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So, a 5% commission on 86,000 would be 5/100 x 86,000 or 0.05x86,000


cheers
Jon.