Merchandise was sold by an agent totaling $4,500.00. Her rate of commission was 8%. What was her commission? A. $36.00 B. $360.00 C. $414.00 D. $3,600.00
The agent's commission may be calculated by multiplying the total cost of the item she sold and the decimal equivalent of the given commission percentage. From the given above, C = ($4,500) x (0.08) = $360 Thus, the answer is letter B.
