Get Commission Worksheet Math 012

In the simplest definition, the commission is money paid out to a selling agent. For example, if you were selling cars and your selling agent was paid 5%, you would get 95% of the sales price. If you make a sale, you get some portion of the money from the purchaser.

Let us say, for example, a car salesman earns a commission earns a 4% commission on sales. If we would like to get the 4% of his total sales, that is his commission pay. So, if the car salesman sells a total of $30000, he will get a commission of $1200.

Example: A customer agrees to pay your company $2,000 a month in exchange for your services. The sales rep who closed the deal will receive a 5% commission, which translates to $100 a month, for as long as the account remains active.

To calculate the payable commission, multiply the sales revenue by the sales commission rate. A 10 percent commission rate on a $10,000 product deal would pay $1,000 in commission.

A fee paid for services, usually a percentage of the total cost. Example: City Gallery sold Amanda's painting for $500, Amanda paid them a 10% commission (of $50), and so ended up with $450 for the painting.

A commission is a percentage of total sales as determined by the rate of commission. To find the commission on a sale, multiply the rate of commission by the total sales.

Just take the sale price, multiply it by the commission percentage, and divide it by 100. An example calculation: a blue widget is sold for $70 . The salesperson works on a commission - he/she gets 14% out of every transaction, which amounts to $9.80 .

Subtract your commission amounts from your net income. This calculation will give you the true value of each sale. The figure will be in dollars.