Commission Math Quiz (7.5.B)

A real estate agent receives a 5% commission on the selling price of a house. If a house sells for $200,000, how much is the commission?

• $1,000

• $5,000

• $10,000

• $20,000

Answer explanation

What is 5% of $200,000?

Set up a proportion (part/whole):

5/100 = x/200,000

or

Use an equation (y = kx):

y = (5/100) * 200,000

Convert 25% to a decimal.

• 0.25

• 2.5

• 25

• 0.025

A salesperson earns a commission of 15% on sales. If they make $500 in sales, how much commission do they earn?

• $75

• $7.5

• $750

• $75,000

If a car salesman earns a 4% commission on each car sold and sells a car for $25,000, how much commission does he earn?

• $1,000

• $100

• $10,000

• $1,000,000

What is the total earning of a salesperson who sells products worth $8,000 and earns a commission of 10% on sales?

• $800

• $8,800

• $8,000

• $880

A book salesperson earns a 20% commission on each book sold. If a book is sold for $15, how much commission does the salesperson earn?

• $3

• $30

• $300

• $3,000

Convert 7.5% to a decimal.

• 0.075

• 0.75

• 7.5

• 75

• 12%

• 1.2%

• 120%

• 0.12%

• $900

• $1,200

• $1,000

• $800

• $4,500

• $2,500

• $3,500

• $2,000