Answer:
His commission on the boat he sells is $6250.
Step-by-step explanation:
Given:
Mr. Norris is paid a 5% commission on each boat he sells.
Now, to find his commission on a boat that he sells for $125,000.
Commission = 5%.
Boat he sell for = $125,000.
Now, to get the commission on the boat he sells:
5% of $125,000.
[tex]=\frac{5}{100} \times 125000[/tex]
[tex]=0.05\times 125000[/tex]
[tex]=\$6250.[/tex]
Therefore, his commission on the boat he sells is $6250.
