Ben made a total of $75.
In the question,
we are given that the base salary of Ben is $50.
and that he makes a 5% commission on everything he sells.
Thursday, he sold a TV.
cost of the TV is $500
calculating Ben's commission on the TV,
%5 commission on $500
= 500 * 5/100
= 500 * 0.05
= 25
Thus he made a profit of $25 of commission on the TV
we are given the base salary of Ben to be $50
total money he made, will be the sum of base money and the commission,
that is,
50 + 25
= $75
What is percentage (%)?
%, a relative figure signifying hundredths of any amount. One percent is represented by the symbol 1%; hence, 100 percent denotes the entire amount, and 200 percent designates double the amount.
What is the use of percentage?
Comparing two quantities while rebasing the second quantity to 100 is the simplest way to use percentages. Let's assume that we are interested in the proportion of employed women who are female.
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