Understanding Commission

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What is commission?

Back

A fee paid to a salesperson or agent for selling a product or service.

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CCSS.7.RP.A.3

Front

Compute the sales commission: Amount $911.00, Rate 4%

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$36.44

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CCSS.6.RP.A.3C

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Compute the sales commission: Amount $800.00, Rate 7.5%

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$60.00

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CCSS.6.RP.A.3C

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Compute the sales commission: Amount $3,400.00, Rate 5%

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$170.00

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CCSS.6.RP.A.3C

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Compute the sales commission: Amount $1,700.00, Rate 4%

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$68.00

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CCSS.6.RP.A.3C

Front

What is the formula to calculate commission?

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Commission = Sales Amount × Commission Rate.

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CCSS.7.RP.A.3

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If a salesperson sells a product for $500 with a commission rate of 10%, what is the commission?

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$50.00

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CCSS.6.RP.A.3C

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What does a higher commission rate imply for a salesperson?

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It implies that the salesperson earns more money for each sale.

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CCSS.6.RP.A.3B

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If a salesperson earns $200 in commission from $2,000 in sales, what is the commission rate?

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10%.

Front

What is the impact of commission on a salesperson's motivation?

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Higher commissions can motivate salespeople to sell more.