A commission of $3100 was earned on $62,000 at a commission rate of 5%.
What is an equation?
An equation is an expression that shows the relationship between two or more variables and numbers.
Given that $62,000 is earned at a commission rate of 5%, hence:
Commission = 5% of 62000 = 0.05 * 62000 = $3100
A commission of $3100 was earned on $62,000 at a commission rate of 5%.
Find out more on equation at: https://brainly.com/question/2972832
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