Answer:
Commision on sales = 5.25
Explanation:
Given:
Sales price of an item = 70
Commision on sales in percentage = 7½%
Find:
Commision on sales
Computation:
Commision on sales = Sales price of an item x Commision on sales in percentage
Commision on sales = 70 x 7½%
Commision on sales = 70 x 7.5%
Commision on sales = 70 x 0.075
Commision on sales = 5.25