Pablo Hernandez, a salesperson, earned $2,562.50 in commissions on $20,500 of product sold to his clients. What is his rate of commission?10.00%11.25%12.50%13.75%None of these choices are correct.

C=x*P
where:
C=comission, in $
x=rate of comission
P=value of products, in $
We know that Pablo earned 2,562,5 in comission, that is total value he earned, or C in our expression
We als
2,562.20=x*20,500
x=2,562,50/20,500
x=0.125=12,5%