Ryan sold a cellphone for 16,000 and received 2,000 as a commission.What was his rate of commission?please answer need it asap​

Answer:Step 1: Understand the ProblemWe need to find Ryan’s rate of commission based on the information given:Ryan sold a cellphone for 16,000.Ryan received 2,000 as a commission.Step 2: Set Up the EquationThe rate of commission is typically expressed as a percentage of the total sales. We can use the formula:Step 3: Substitute the ValuesSubstitute the given values into the formula:Step 4: Perform the CalculationFirst, divide 2000 by 16000:Then, multiply by 100 to convert it to a percentage:Step 5: Verify the ResultDouble-check the calculations to ensure accuracy:The calculations are correct.AnswerRyan’s rate of commission is 12.5%.

Answered by benjaminforever12345 | 2024-10-20

Step-by-step explanation:Here's how to calculate Ryan's commission rate: 1. Divide the commission by the selling price: - Commission / Selling Price = Commission Rate- 2,000 / 16,000 = 0.125 2. Convert the decimal to a percentage: - Multiply the decimal by 100%- 0.125 * 100% = 12.5% Therefore, Ryan's commission rate was 12.5%.

Answered by pastorilmariocaparos | 2024-10-20