Question

Fabio is a video salesman. On each sale, he earns a commission of 12%. One of his customers bought a TV for $550 and a VCR for $400. How much did he earn in commissions?

Answer 1

Given that Fabio earns 12% commission for every sales he makes, the total amount he earned for selling a TV that cost $550 and VCR for $400 will be:
commission=[percentage commission]/100*[total amount sold]
total amount sold=550+400=$950
commission=12/100*950
=$114
therefore he earned $114 as commission

Answer 2

We find the total commission earned by calculating the amount of commission he earned in each sale and then finding their sum. Price of TV = $550 Commission =12% Amount of Commission earned = (12/100)*550 = $66 Price of VCR = $400 Commission = 12% Amount of Commission earned =(12/100)*400 =$48 Total Commission earned = $66 + $ 48 =$114