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How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.
What else can I help you with?
Find the commission earned for a sales of 2000 at a 7.5 percent commission rate?
I think it would be thirteen and one third percent
Scott had pharmaceutial sales of 42500 last month if his commission rate is 9 percent find the amount of his commission?
42500 = 425 x 100 so commission of 9 per hundred = 9 x 425 = 3825
What is the rate of commission on a 15000 sale if the commission is 45?
15000 x 45 % = 6,750
What does commission rate mean in math terms?
the term commission means the amount of money you earn
How do you use rate in everyday life situation?
To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.
Formula of rate of commission?
Commission divided by sale = rate of commission.For example:Last week Don Felt made a commission of $325.80 on $2715 sales. Find his rate of commission.S325.80/2715=12%
How do you find the rate of commision?
To find the rate of commission, divide the total commission earned by the total sales amount and then multiply by 100 to express it as a percentage. The formula is: ( \text{Commission Rate} = \left( \frac{\text{Total Commission}}{\text{Total Sales}} \right) \times 100 ). For example, if a salesperson earns $500 in commission from $5,000 in sales, the commission rate would be ( \left( \frac{500}{5000} \right) \times 100 = 10% ).
A person earns 154 selling 2200 worth of television sets What is the commission rate?
To find the commission rate, divide the earnings by the total sales amount and then multiply by 100 to get a percentage. In this case, the commission rate is ( \frac{154}{2200} \times 100 \approx 7% ). Therefore, the commission rate is approximately 7%.
What is the commission rate for a futures broker?
The commission rate for a futures brokers vary according to how much work is in it for them. You can find discount brokers for as little as 59 cents per trade.
Find the commission earned for a sales of 2000 at a 7.5 percent commission rate?
I think it would be thirteen and one third percent
What is commission rate for home-owner's insurance?
The commission rate is the commission earned by the agent or broker who places the policy wit the company.
Is the percent of total sales paid as commission to a salesperson?
Commission rate
Total sales 13600 commission rate 2.75?
Commission: $374.00
What is the formula for getting the commission?
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
Scott had pharmaceutial sales of 42500 last month if his commission rate is 9 percent find the amount of his commission?
42500 = 425 x 100 so commission of 9 per hundred = 9 x 425 = 3825
How do you find commission?
To find the commision rate you must first1. Multiply your total sales times your the commision rate. (ex. $179 x 7%)2. Your answer will be 12.53.And that is your commision rateHope this information was helpful.
How do you calculate commission due?
To calculate commission due, first determine the commission rate, which is typically a percentage of the sales made. Multiply the total sales amount by the commission rate (expressed as a decimal). For example, if the total sales are $10,000 and the commission rate is 5%, the commission due would be $10,000 x 0.05 = $500. Ensure to account for any adjustments or deductions as specified in the commission agreement.
