Understanding Commission and Total Pay

What is the role of a commission in sales?

• A bonus for working overtime

• A fixed salary given to employees

• A discount offered to customers

• A percentage of sales given to the seller

How do you convert a percentage to a decimal?

• Add two zeros to the percentage

• Move the decimal point two places to the left

• Multiply the percentage by 100

• Divide the percentage by 10

If Mr. Carino's commission rate is 3% and he sells a property for 50,000 pesos, what is his commission?

• 2,500 pesos

• 1,500 pesos

• 1,000 pesos

• 2,000 pesos

What is Mr. Carino's total pay if his monthly salary is 15,000 pesos and his commission is 1,500 pesos?

• 17,500 pesos

• 17,000 pesos

• 16,500 pesos

• 16,000 pesos

How do you calculate the total pay of an employee who earns a salary and a commission?

• Add the salary and the commission

• Divide the salary by the commission

• Multiply the salary by the commission rate

• Subtract the commission from the salary