For every item that Greaza sells, she will get a commission of 10%. She sold an item worth Php223,000. How much did she earn?
Question
For every item that Greaza sells, she will get a commission of 10%.
She sold an item worth Php223,000.
How much did she earn?
Solution
1. Break Down the Problem
To determine how much Greaza earned from the sale, we need to calculate her commission based on the item sold.
2. Relevant Concepts
The commission earned can be calculated using the formula: Where:
- Selling Price = Php 223,000
- Commission Rate = 10% = 0.10
3. Analysis and Detail
Now, we can substitute the values into the formula: Calculating it step-by-step:
4. Verify and Summarize
I have verified the calculation, and the commission of Php 22,300 represents what Greaza earned from the sale of the item valued at Php 223,000.
Final Answer
Greaza earned Php 22,300 from the sale.
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