Acommission merchant specializing in food products sold consignment of products for a farm. the sales price was $18,450 with commission rate of 12% for farm products. for this consignment, there was $890 freight that the merchant had to pay. what were the net proceeds due to the farm?

The net proceeds due to the farm are $15346.

Step-by-step explanation:

Given:

The sales price was $18,450 with commission rate of 12% for farm products. For this consignment, there was $890 freight that the merchant had to pay.

Now, to find the net proceeds due to the farm.

So, we deduct the commission rate of 12% for farm products:

$18,450 - 12% of $18,450.

And, then we deduct the freight $890 that the merchant had to pay:

Therefore, the net proceeds due to the farm are $15346.

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