Sarah H.
asked • 01/27/20Tyler’s brother works in a shoe store.
A) Tyler’s brother earns a commission. He makes 2.5% of the amount he sells. Last week, he sold 9000$ worth of shoes. How much was his commission?
B) The store bought a pair of shoes for 50$, and sold it for 80$. What percentage was the markup?
C) Tyler’s brother earns 12$ per hour. The store offers him a raise; a 5% increase per hour. After the raise, how much will Tyler’s brother make per hour?
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1 Expert Answer
Julia D. answered • 01/30/20
Tutor
New to Wyzant
Biomedical engineer
A) To figure this out, convert 2.5% into a decimal, which is 0.025. Then, multiply the amount he sold by his commission percent. So $9000 * 0.025 =$225
B) The formula for percent change (or in this case percent markup) is (new value - old value)/old value *100%. So, (80-50)/50*100% = 30/50*100%=60%.
C) First, calculate the amount his hourly rate will increase by. So, multiply 12 by 5%, which is $12*0.05=$0.60. Then, add this amount to his current hourly rate. So he now makes $12.60.
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Kaitlynn E.
A) You do 9000 x .025 = 225. Therefore he earned $225 B) First you find the differences between the two prices. 80-50= 30. Then you divide 30 by 50. 30/50=.60 Thus the price was marked up 60% C) Multiple 12 by .05 12x.05= .60 or 60 cents. Add that to his original pay 12+.6= 12.60 Therefore Tyler's brother now earns $12.60 per hour01/29/20