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Earn +20 ptsQ: What does commission rate mean in math terms?
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Continue Learning about Math & Arithmetic
What is the word rate mean in math?
it mean per rate
What does per mile mean in math terms?
per implies that this is a rate measured for one mile (by dividing by a number of miles).
How do you find the commission rate?
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 is the rate of commission on a 15000 sale if the commission is 45?
15000 x 45 % = 6,750
What is the meaning of interest rate in math terms?
The meaning of interest rate is the amount of money that you earn (or need to pay) for each 100 units of currency which you lend (or borrow) for a period - usually of one year.
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