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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 25% commission of the difference between the auction price and the dealership price. What was the salesperson’s commission? |
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Answer» Answer: sell price of boat= $10000 percentage more than cost price =30 30% of 10000= 30/100×10000=$3000 cost.price of boat = 10000-3000=$7000 percentage of saleman commission= 25% commission of salesman= 25% of 3000 = 25/100×3000=$750 |
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