Bill Lee is selling tools for a distributor who gives him $1 credit for every $400. This credit is in addition to his regular salary and comission. What percent of his sales is Bill recieving toward this credit?

Question

anonymous · Answer

Well, we can show this as a fraction, which would be $$1/400$$
Since a percent is $$1/100$$
We can find the percent by dividing $$100/400$$
or $$1/4$$

anonymous · Answer

so divide 100 and 400?

anonymous · Answer

Yes, that should give you the answer.