mr gonzales receive the amount of 10,000 pesos after selling a computer that cause 50,000 pesos for he has given at 20% commission what is the rate in the problem
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Given : mr gonzales receive the amount of 10,000 pesos after selling a computer that cost 50,000 pesos for he has given at 20% commission
To Find : what is the rate in the problem
Solution:
Commission rate = 20 % in problem
Selling price of computer = 50000 pesos
Rate of commission = 20%
Commission= (20/100) 50000 = 10000 Pesos
mr gonzales receive the amount of 10,000 pesos ( matches with given statement )
Hence rate in the problem is 20 %
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