BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Pierre, an art dealer, earns 25% commission of the dollar value of the art pieces that he sells at the Bizzell Gallery. Pierre earns $10, 800 this month. What is the total dollar value of the art that he sells?
A
$43, 200
B
$2, 700
C
$270, 000
D
$10, 800
Explanation: 

Detailed explanation-1: -We can also convert percentages into decimals by dividing he percentage value by 100. According to the given question Pierre, an art dealer, earns 25% commission of the dollar value of the art pieces that he sells at the Bizzell Gallery. Pierre earns $10, 800. ∴ 25% of the total value is 10800 dollars.

There is 1 question to complete.