To find a percent, you use this simple formula:
5000/62000 = x/100
In this case, x is going to be your percent of commission.
So, to find this, you first divide 5000 by 62000, which is about equal to 0.08.
Now your equation looks like this:
0.08 = x/100
Next, you multiply both sides by 100 to reverse the operation. Now, your equation will look like this:
8 = x
So, the answer is 8%.
