P - 2.6 Morning Work

Front

What is a commission rate?

Back

A commission rate is a percentage of sales that is paid to an employee or agent as compensation for their services.

Front

How do you calculate commission earned?

Back

Commission earned = Total sales amount × Commission rate.

Front

If the commission rate is 5% and the total sales amount is $500, what is the commission earned?

Back

$25

Front

If the commission rate is 9% and the commission earned is $135, what is the total sales amount?

Back

$1500

Front

What is the total sales amount if the commission earned is $75 and the commission rate is 10%?

Back

$750

Front

What is the commission rate if the commission earned is $150 and the total sales amount is $3000?

Back

5%.

Front

What is the formula to find the total sales amount from commission earned and commission rate?

Back

Total sales amount = Commission earned ÷ Commission rate.

Front

If the total sales amount is $800 and the commission rate is 7.5%, what is the commission earned?

Back

$60.

Front

What does it mean if a commission rate is expressed as a percentage?

Back

It means that the commission is calculated as a fraction of the total sales, represented in hundredths.

Front

How can you express a commission rate of 10% as a decimal?

Back

0.10.