Commission Review

Front

What is commission?

Back

Commission is a fee paid to an employee or agent for services rendered, typically calculated as a percentage of the sales made.

Front

How do you calculate commission?

Back

To calculate commission, multiply the total sales amount by the commission rate (as a decimal).

Front

What is the commission rate in percentage?

Back

The commission rate is the percentage of the total sales amount that is paid as commission.

Front

Convert 3% to a decimal.

Back

.03

Front

If Robert earns 3% commission on a $512,800 home, what is his commission?

Back

$15,384

Front

Randy has a fixed salary of $2000 and earns 2% commission on $30,000 in sales. What is his total salary?

Back

$2,600

Front

Derek sells appliances and earns a 6.5% commission. If he sells $9,732 worth of appliances, what is his commission?

Back

$632.58

Front

Wilson earns an 11% commission on $4265 in sales. What is his commission?

Back

$469.15

Front

What is the formula to find total salary including commission?

Back

Total Salary = Fixed Salary + (Total Sales × Commission Rate)