Respuesta :
Since, a salesman whose base pay plus commissions amounted to $53,393 last year. If his base pay was $24,650 and he made $87,100 in sales last year. We have to evaluate the rate of commission.
Let the rate of commission be 'r%'.
Therefore,
24,650 + (87,100 of r%) = 53,393
[tex] 24,650 +(87,100 \times \frac{r}{100})= 53,393 [/tex]
[tex] (87,100 \times \frac{r}{100})= 53,393-24,650 [/tex]
[tex] (87,100 \times \frac{r}{100})= 28,743 [/tex]
[tex] 87,100 \times {r}= 28,743 \times 100 [/tex]
[tex] 87,100 \times {r}= 2874300 [/tex]
[tex] {r}= \frac{2874300}{87100} [/tex]
r = 33%
Therefore, the rate of commission is 33%.