piper works at a camera store. he is paid an hourly rate plus 16% commission on everything he sells. one…

piper works at a camera store. he is paid an hourly rate plus 16% commission on everything he sells. one week, he was paid $515 for working 20 hours and selling $1,500 worth of camera equipment. what is his hourly rate?\na $12.00\nb $13.75\nc $21.63\nd $25.75

piper works at a camera store. he is paid an hourly rate plus 16% commission on everything he sells. one week, he was paid $515 for working 20 hours and selling $1,500 worth of camera equipment. what is his hourly rate?\na $12.00\nb $13.75\nc $21.63\nd $25.75

Answer

Explanation:

Step1: Calculate the commission amount

The commission rate is 16% or 0.16, and the sales amount is $1500. The commission $C$ is calculated as $C = 0.16\times1500$. $C=0.16\times1500 = 240$

Step2: Calculate the total amount from hourly - rate

The total pay is $515$, and the commission is $240$. Let the total amount from hourly - rate be $H$. Then $H=515 - 240$. $H = 515-240=275$

Step3: Calculate the hourly rate

He worked 20 hours. Let the hourly rate be $r$. Then $r=\frac{H}{20}$. $r=\frac{275}{20}=13.75$

Answer:

B. $13.75$