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If $0.2 is commission for sales of $1,000, what percent of sales amoun

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If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 16 Oct 2016, 23:43
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A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

65% (00:50) correct 35% (01:04) wrong based on 232 sessions

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If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%

*An answer will be posted in 2 days.

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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 17 Oct 2016, 00:04
MathRevolution wrote:
If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%

*An answer will be posted in 2 days.


% of sales amount of commission = (Commission/Total Value) *100 = (0.2/1000) * 100 = 0.02%. Answer C.
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 17 Oct 2016, 07:12
1
MathRevolution wrote:
If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%

*An answer will be posted in 2 days.


Percent of Commission to Sales = 0.2/1000*100 =>0.02

Hence answer will be (C) 0.02
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 17 Oct 2016, 07:39
Top Contributor
MathRevolution wrote:
If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%



ASIDE: it's super easy to take a fraction with 100 in its denominator and convert it to a percent.
For example, 19/100 = 19%, 56/100 = 56%, 0.05/100 = 0.05%, etc

In this question, we want to convert the FRACTION 0.2/1000 to a PERCENT
Take 0.2/1000 and divide top and bottom by 10 to get: 0.02/100
0.02/100 = 0.02%
Answer:

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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 19 Oct 2016, 00:29
==>0.2/1,000=2/10,000=0.0002=0.02%. That is because %=1/100.
The answer is C.
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 02 Nov 2017, 07:57
Part/Whole= Percent/100

0.2/1000=Percent/100

Percent=0.2 *100/1000 = 0.02
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun  [#permalink]

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New post 01 Apr 2018, 11:44
\(\frac{0.2}{1000}\) \([*]\)100 = 0.2 \([*]\) \(\frac{100}{1000}\) = 0.2 \([*]\)\(\frac{1}{10}\) =0.02
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun &nbs [#permalink] 01 Apr 2018, 11:44
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If $0.2 is commission for sales of $1,000, what percent of sales amoun

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