Randy's Rental hired the Friendly Collection Agency to collect debts totaling $ 12,750. The agency collected 70% of the accounts and charged 15% commission for collecting them. What was the total amount collected?
The alternatives are as follows a. $12,750 , b. $10,837.50, c. $8,925 and d. $3,825
What was the amount received by the agency?
The alternatives are as follows a.$10,837.50 , b. $7,012.50, c. $8,925 and d. $7,586.25
The alternatives are as follows a. $12,750 , b. $10,837.50, c. $8,925 and d. $3,825
What was the amount received by the agency?
The alternatives are as follows a.$10,837.50 , b. $7,012.50, c. $8,925 and d. $7,586.25
1 Answer
May 25, 2018
Total amount collected
After paying commission Randy's Rental got
Explanation:
Total debt
Of this 70% was retrieved by the agency
From this 15% commission was charged leaving
