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a salesperson is hired with a commission structure that allows for a 5% commission payment. this can be modeled by the function p(c)

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id1001265

The 5% of commission payment to a salesperson can be modeled by the function P(c) = 0.05c

Information about the problem:

  • P= payment
  • c = sales amount on which commission is paid
  • Commission= 5%

To calculate the commission payment to the salesperson we use the following mathematical model:

P(c) = commission * sales amount on which commission is paid

P(c) = 5%*c

P(c) = 5/100 * c

P(c) = 0.05*c

What is a percentage?

Percentage is defined as the number that represents a ratio of a total that is divided by 100 equal parts. It is represented by the symbol %.

Learn more about percentage at: brainly.com/question/24877689

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