HaroldNunez30
Answered

A dealer paid $10,000 for a boat at an auction. At the dealership, a salesperson sold the boat for 30% more than the auction price. The salesperson received a commission of 25% of the difference between the auction price and the dealership price. What was the salesperson’s commission?

Verified Answer :

taskmasters

Given
situation:

=> A deadler paid $10 000 for a boat at an auction.

=> At the dealership, a sales person sold the boat for 30% more than the
auction price

=> 10 000 dollars + 30%

=> Then the salesperson received a commission of 25% of the difference
between the auction price and the dealership price

=> 10 000 + 25%

Let’s find the solution

=> 10 000 x .30 = 3000

=> 10 000 + 3 000 = 13 000, he sell it for this price

=> then he received a commission

=> 13 000 – 3 000 = 10 000

=> 10 000 x .25

=> 2500 , his commission



khadigaahmedduck

The difference between the auction price and dealership price is:

0.3010000 = $3,000

25% of $3,000 is 0.253,000 = $750

The salesperson's commission was $750.

Related Questions