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A Home Improvement Salesperson earns a $12,000 commission on a $150,000 kitchen remodel contract. What is the commission rate percentage?

Correct Answer

D) 8.0%

Commission rate = ($12,000 ÷ $150,000) × 100 = 8.0%. This calculation determines the percentage commission earned on the contract value.

Answer Options
A
7.2%
B
8.5%
C
6.5%
D
8.0%

Why This Is the Correct Answer

Commission rate = ($12,000 ÷ $150,000) × 100 = 8.0%. This calculation determines the percentage commission earned on the contract value.

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