M2-T1 Flashcardizz

Front

What is a commission in sales?

Back

A commission is a fee paid to a salesperson for their services, typically calculated as a percentage of the sales they generate.

Front

How do you calculate total pay with a salary and commission?

Back

Total pay = Salary + Commission. Commission is calculated as a percentage of sales.

Front

If Robert earns a weekly salary of $350 and has a 7% commission on $3200 in sales, what is his commission?

Back

Commission = 7% of $3200 = $224.

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price added to the cost of goods or services, collected by the seller.

Front

How do you calculate sales tax?

Back

Sales Tax = Sale Price x Sales Tax Rate.

Front

If an item costs $25 and the sales tax is 7%, what is the total cost?

Back

Total Cost = $25 + (0.07 x $25) = $26.75.

Front

What is a proportion in mathematics?

Back

A proportion is an equation that states that two ratios are equal.

Front

How do you solve for a missing variable in a proportion?

Back

Cross-multiply the ratios and solve for the variable.

Front

If a tree's height is proportional to its shadow length, how can you find the height using a proportion?

Back

Set up a proportion comparing the height of the tree to the length of its shadow and solve for the height.

Front

What is the Pythagorean theorem?

Back

In a right triangle, the square of the length of the hypotenuse is equal to the sum of the squares of the lengths of the other two sides.