The commission that George will receive for the sale of a [tex]\$[/tex]250,000, if he receives 2 1/2% of the selling price is $6,250.
"A commission is a piece of work that someone is asked to do and is paid for."
Sale is [tex]\$[/tex]250,000
Converting 2 1/2% in improper fraction is 5/2 %
So, commission will be [tex]\(2.5*250,000 /100[/tex] = 625,000/100 = 6250
Hence, the commission that George will receive is $6,250.
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