SOLUTION: A lamp was marked up 5% from the original purchase cost of $22. Johnny sold the lamp and earned a 10% commission on the sale price. How much commission did he make from the sale?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A lamp was marked up 5% from the original purchase cost of $22. Johnny sold the lamp and earned a 10% commission on the sale price. How much commission did he make from the sale?       Log On


   



Question 1050797: A lamp was marked up 5% from the original purchase cost of $22. Johnny sold the lamp and earned a 10% commission on the sale price. How much commission did he make from the sale?

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
22/0.95=23.16
23.16*0.10=$2.31