
Interest and Commission Calculations
Interactive Video
•
Mathematics
•
8th Grade
•
Hard
Thomas White
FREE Resource
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the focus of the previous video in this series?
Calculating profit and loss
Understanding compound interest
Exploring investment strategies
Learning about taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a commission?
A fixed salary paid monthly
A fee paid as an incentive for services
A tax on sales
A discount on products
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an estate agent sells houses worth 3,800,000 with a 2% commission, how much does he earn?
380,000
7,600
38,000
76,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is DJ's basic monthly salary?
60,000
50,000
34,500
42,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much commission does DJ earn from selling cars worth 6,875,000?
34,375
68,750
3,437
6,875
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are DJ's total earnings for October?
76,375
42,000
34,375
100,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculate the commission on 560,000 at a 3% rate.
168,000
5,600
56,000
16,800
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