If the commission was $27,000 and the Agent sold the home for $360,000, what was the exact commission?
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commission is usually a percentage (say 5 %) of the sales. Say you sold 11,500 dollars of goods, your commission would be 0.05 (5 %) * 11,500 = 575 dollars
Commission: $374.00
commission is the money paid to a salesman each time a sale is made.
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
5.50 an hour with a 1% commission rate
5% Divide his commission by the total sales, and multiply the result by 100 For example, if the total sales amounted to 2000.00 and he received 150.00, his rate of commission would be 7.5%.