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#32909

arithmetic

percentage

money

hard

120 sec

A company sells a specialized tool for $120. The cost to produce each tool is $50. A salesperson earns a commission of $p %$ of the sales price for each tool sold. The company's profit for each tool is the sales price minus the production cost and the salesperson's commission. If the company's profit per tool is $46, what is the value of $p$ ?

• Up to 5 characters (6 if negative). Only numbers, decimal (.), fraction (/), negative (-).
• Fractions must be in lowest terms.
• Mixed numbers must be converted to improper fractions.