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If $0.2 is commission for sales of $1,000, what percent of sales amoun

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Carcass
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If $0.2 is commission for sales of $1,000, what percent of sales amoun [#permalink] New post   13 Jan 2021, 06:13
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If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%
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C
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GreenlightTestPrep
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Re: If $0.2 is commission for sales of $1,000, what percent of sales amoun [#permalink] New post   13 Jan 2021, 07:16
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Carcass wrote:
If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?

A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%


ASIDE: it's super easy to take a fraction with 100 in its denominator and convert it to a percent.
For example, 19/100 = 19%, 56/100 = 56%, 0.05/100 = 0.05%, etc

In this question, we want to convert the FRACTION 0.2/1000 to a PERCENT
Take 0.2/1000 and divide top and bottom by 10 to get: 0.02/100
0.02/100 = 0.02%
Answer: C
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MervAcademic
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If $0.2 is commission for sales of $1,000, what percent of sales amoun [#permalink] New post   28 Apr 2023, 15:49
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One way to think about this question is:

$20 is 2% of 1,000. Since the commission is $0.20, you need to shift the decimal point two places to the left.
Do the same for the percentage. Start with 2%, shift the decimal point two places to the left, and you'll get 0.02%

Answer: C
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If $0.2 is commission for sales of $1,000, what percent of sales amoun [#permalink]
28 Apr 2023, 15:49
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