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An online auction company charges sellers a commission fee of 5.25% of an items final selling price. If you sell an item for 55$ what fee will you pay to the auction company ?

Respuesta :

The selling price of the item is $55.

The money charged by the auction company is;

[tex]\begin{gathered} 5.25\text{ \% of \$55} \\ \frac{5.25}{100}\times55 \\ =\text{ \$2.89} \end{gathered}[/tex]

The fee paid to the auction company is $2.89

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