Answer:
[tex]Estimated\ Commission = \$618[/tex]
[tex]Exact\ Commission = \$592.25[/tex]
Step-by-step explanation:
Given
[tex]Commission = \$5.75[/tex]
[tex]Items = 103[/tex]
Required
Find the estimate and exact commission
Estimate Commission
First, we need to approximate the given commission
[tex]Commission = \$6[/tex]
[tex]Estimated\ Commission = Commission * Items[/tex]
[tex]Estimated\ Commission = \$6 * 103[/tex]
[tex]Estimated\ Commission = \$618[/tex]
Exact Commission
[tex]Exact\ Commission = Actual\ Commission * Items[/tex]
[tex]Exact\ Commission = \$5.75 * 103[/tex]
[tex]Exact\ Commission = \$592.25[/tex]