Percent Applications

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What is a percentage?

Back

A percentage is a fraction expressed as a part of 100. It represents how much of something there is in relation to a whole.

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How do you calculate a percentage of a number?

Back

To calculate a percentage of a number, multiply the number by the percentage (in decimal form). For example, to find 20% of 50, calculate 50 x 0.20 = 10.

Front

What is commission?

Back

Commission is a fee paid to an employee or agent for services rendered, typically calculated as a percentage of the sales made.

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How do you calculate commission from a sale?

Back

To calculate commission, multiply the total sales amount by the commission rate (as a decimal). For example, for a $200 sale with a 10% commission, the commission is $200 x 0.10 = $20.

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What is a fixed salary?

Back

A fixed salary is a set amount of money paid to an employee, regardless of the number of hours worked or sales made.

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How do you find total salary including commission?

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To find total salary including commission, add the fixed salary to the commission earned from sales.

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What does 'discount' mean?

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A discount is a reduction in the price of an item, often expressed as a percentage of the original price.

Front

How do you calculate the sale price after a discount?

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To calculate the sale price after a discount, subtract the discount amount from the original price. For example, if an item costs $50 and has a 20% discount, the discount is $10, so the sale price is $50 - $10 = $40.

Front

What is sales tax?

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Sales tax is a tax imposed by the government on the sale of goods and services, usually calculated as a percentage of the sale price.

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How do you calculate total cost including sales tax?

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To calculate total cost including sales tax, multiply the item price by the sales tax rate (as a decimal) and add it to the original price. For example, for a $100 item with a 5% tax, total cost = $100 + ($100 x 0.05) = $105.