Mastering Percent Problems with Commission
Presentation
•
Mathematics
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6th - 8th Grade
•
Practice Problem
•
Easy
Reyland Dumlao
Used 2+ times
FREE Resource
4 Slides • 6 Questions
1
Mastering Problems with Commission
Reyland O. Dumlao, M.A.T.
Mathematics
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Calculating Commission Amount
Commission is a percentage of a sale that is earned by a salesperson
To calculate the commission amount, multiply the sales amount by the commission rate
Commission = Sales Amount * Commission Rate
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Multiple Choice
What is commission?
A percentage of a sale earned by a salesperson
The total sales amount
The profit made by the salesperson
The salary of the salesperson
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Commission:
A percentage of a sale earned by a salesperson. It is not the total sales amount, profit made, or salary of the salesperson. Commission motivates salespeople to maximize their efforts and drive sales. It is a performance-based incentive that rewards their contribution to the company's revenue. Commission-based compensation is common in industries like real estate, retail, and insurance.
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Read and Solve the problem
Answer in your notebook with a solution.
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Open Ended
1. Joshua’s sales commission rate is 6%. What is the commission from the sale of Php650,750 worth of new car sales?
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Open Ended
2. The Garcia’s family's house was sold for 2,300,000. How much money will they have after they pay their real estate agent a 5% commission?
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Open Ended
3. A stock broker receives a commission of 11% for selling annuities to her clients. If she sells Php50,000 in annuities, how much commission will she earn?
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Open Ended
4. The Jones family purchases Php350,000 in life insurance from an insurance broker. How much will they pay the insurance broker if she charges a 0.5% commission?
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Open Ended
5. A car salesman earns a 3% commission on sales. If he sells a car for Php827,990, how much commission will he earn?
Mastering Problems with Commission
Reyland O. Dumlao, M.A.T.
Mathematics
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