Shahid receives a bonus of Rs. 50 for every Rs. 500 worth of merchandise he sells Therefore the percentage (%) of his bonus is
Shahid receives a bonus of Rs. 50 for every Rs. 500 worth of merchandise he sells Therefore the percentage (%) of his bonus is
Explanation
Identify the total amount of merchandise Shahid sells for which he receives a bonus.
The total amount is Rs. 500
2Identify the amount of bonus Shahid receives for selling Rs. 500 worth of merchandise, which is Rs. 50
3Calculate the percentage of the bonus by dividing the bonus amount by the total amount of merchandise sold.
So,
4Convert the decimal to a percentage by multiplying by 100.
Therefore, .
So, the percentage of Shahid's bonus is 10%.
So, the percentage of Shahid's bonus is 10%.