Adil is paid a commission amount of 2280 RO.During January 2020, his sales were 38,000 RO.What is the rate of commission?Select one:a. 4%O b. 15%O c. 6%O d. 10%

Commission is the amount paid to the salesperson or agent in exchange of services provided by such…

Answered: Adil is paid a commission amount of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Adil is paid a commission amount of 2280 RO. During January 2020, his sales were 38,000 RO. What is the rate of commission? Select one: а. 4% O b. 15% с. 6% d. 10%