Answer:
$3.06
Step-by-step explanation:
First we need to calculate the mark up
The mark-up rate is 150% = 1.5 as a decimal
New price = original price + original price * markup rate
= 61.20 + 61.20* 1.50
= 61.20 + 91.80
= 153
The new price is 153.00
Commission is the price times his commission rate
commission = price* .02
= 153*.02
= 3.06
Neil will make 3.06 on the sale of the table
