BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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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?
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$43, 200
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$2, 700
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$270, 000
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$10, 800
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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.
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