Define Commision Math

Thus revenue 21 times 90rs revenue 1890rs and commission earned by narman. Commission quad quad frac commission quad rate times revenue 100 commission quad quad frac 6 times 1890 100 rs commission quad 113 40rs more solved examples for you. Hi my name is marija and today i m going to tell you what the term commission means in math.

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Total commission total.

Define commision math. C s x rc where c commission s amount of sales rc rate of commission. A lot of times people who are in jobs that are sale jobs receive commissions and it s going to be a portion of the sale they make. So let s say for example that someone in an art gallery sells a painting that is 200 and their commission is 15 percent. A fee paid for services usually a percentage of the total cost.

Synonym classroom provides clear and concise answers to common questions. 300 000 0 05 15 000 and 300 000 15 000 285 000. The commission is a motivation or reward for the employee to sell products so the company has more sales and can make more money. The formula for calculating commission is.

The real estate agent was hired by the stettnisch family to sell their house for a 5 sales commission. City gallery sold amanda s painting for 500 so amanda paid them a 10 commission of 50. A commission is generally a percentage of sales. The stettnisch family will have 285 000 00 after they pay their real estate agent.

Rachel kaplove math tutor discusses the term commission when talking about math. The commission is a fee paid based on the percentage of sale made by an employee and it is differentiated from usual payment of salary. So commission is a fee that is paid for a service and it s usually a percentage.