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Subjects>Math>Basic Math

Randy works for Balding Tires He receives a 0.4 commission on his sales Last month his sales totaled 12000 Calculate the amount of his commission?

Updated: 9/18/2023

Wiki User

∙ 9y ago

Best Answer

The first step is to convert the decimal to a percentage by multiplying 0.4 times 100. This gives you a percentage of 40 percent. The next step is to multiply 12000 times 40 percent, which is 4800. The total commission on 12000 dollars in sale would be 4800 dollars.

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Q: Randy works for Balding Tires He receives a 0.4 commission on his sales Last month his sales totaled 12000 Calculate the amount of his commission?

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How To Calculate Rate Of Return?

Investing money is an important part of finances. Investing in stocks can net you a significant amount of money. When it comes time to determine how successful an investment was, you want to figure out what the rate of return was. Essentially, the rate of return is the ratio of the money you gained compared with the money you invested. Here is a guide to calculating the rate of return. The first thing you need to know is the total amount of money you invested. In addition, you want to consider any costs associated with it. For example, let's say you invested $1,000 in a stock. The trade fees associated with that investment totaled $20. Essentially, this means your total cost was $1,020. You always want to factor in the costs. This allows you to get a more accurate rate of return. To figure out a simple rate of return, you subtract the initial costs from the final value. Then, you divide this number by the initial costs. Let's say you sold the stock for $1,500. You would then subtract the $1,020 from the $1,500. This gives you $480. That is the total amount you gained. To get the rate of return, divide this number by the initial cost. This gives you a rate of return of 47.06%. In many cases, you will deal with dividends. You may also decide to purchase more stock before selling. Whenever you do this, you want to add the new costs to your initial cost. For example, if you purchase another $1,000 worth of shares, this becomes part of your total cost. Assuming the same $20 transaction, your total cost would now be $2,040. Remember, any amount of money you spend toward the stock should be considered part of the costs. The best way to figure out your rate of return is to keep a list of any purchases you make. You can do this using a simple spreadsheet. This way, you can easily add up the totals and use that as your base number. You can figure out an actual rate of return once you sell the stock. However, you can figure out an estimated rate of return by factoring in the present value of the stock with how many shares you own. This would give you an approximate selling price.

Related questions

When Evelyn earns 200 a week plus 15 commission on sales. How much did Evelyn make in a week if her sales totaled 400?

If the sales were 400 and the commission was 15 she made 415.

A salesman earns 250 per week plus a 10 percent commission on all sales over 5000 in one week his sales totaled 14000 What were his earnings that week?

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If you totaled your car and were arrested for DUI will insurance pay for your car in Texas?

Probably not. You damaged it during the commission of an illegal act (DUI). If you hadn't totalled it, the state would have probably confiscated it anyway.

Will you owe taxes on a totaled car?

Not if you notify you local PVA that the car is totaled and not longer in service. You will pay taxes up to the day it was totaled.

What do I need to do if my vehicle was totaled and I had it recycled. What do I need to do?

What do I need to do if my vehicle was totaled and I had it recycled?

How do you determine if vehicle is totaled when burned?

A vehicle is totaled if it cost too much to repair it. Usually, insurance companies determine whether or not a vehicle is totaled.

What is the definition of totaled?

used of automobiles; completely demolished; "the insurance adjuster declared the automobile totaled"

What is a sentence for totaled?

This is total nonsense!My total is 52.

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Not while still "totaled". Since everything is tracked by the VIN# you won't be able to insure a totaled vehicle until such time that it's made roadworthy and has a reconstructed title.

Can a totaled car be fixed?

It depends on why it was totaled. If it's cosmetic damage that totaled the car (like a shallow sideswipe) of course. If it's structural, like frame damage, maybe. If it was in a flood, it's probably not a good idea to fix it since quirky electrical problems will haunt the car forever. If it is repaired it would still carry a totaled title but it can be qualified with the brand 'totaled/reconstructed' on the new title.

If your loaner car was totaled and you do not have insurance what should you do?

get a good job............you will (assuming you are at fault for this loss) be require to pay for the totaled vehicle.........

How do you finance buying back a totaled car?

Home equity loan perhaps. No bank is going to finance a totaled car.

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Randy works for Balding Tires He receives a 0.4 commission on his sales Last month his sales totaled 12000 Calculate the amount of his commission?

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