SOLUTION: If Paul earns $600 commission for selling a $15,000 car, then the rate of commission is: A) 4% B) 40% C) 2.5% D) 25% E) 0.4%

Algebra ->  Finance -> SOLUTION: If Paul earns $600 commission for selling a $15,000 car, then the rate of commission is: A) 4% B) 40% C) 2.5% D) 25% E) 0.4%      Log On


   



Question 1123472: If Paul earns $600 commission for selling a $15,000 car, then the rate of commission is:
A) 4%
B) 40%
C) 2.5%
D) 25%
E) 0.4%

Answer by MathLover1(20849) About Me  (Show Source):
You can put this solution on YOUR website!

If Paul earns $600 commission for selling a $15000 car, then the rate of commission is:
%28x%2F100%2915000=600
%28x%2Fcross%28100%29%29150cross%2800%29=600
150x=600
x=600%2F150
x=4
answer: A) 4%