Calculate commissions and commission rates

Instead of working for a salary or getting paid at an hourly rate,many salespeople are paid on commission.They earn a certain percent of the total dollar amount of the goods or services that they sell

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Questions #: 5
Pass Score: 80.0%
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Organise the following to find the commission formula

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sales
Commission
=
×
commission rate
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Explanation

Application Sales

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The commission rate for a salesperson at an appliance store is 16.5%.  Find his commission from the sales of a refrigerator that costs $500.

Answer = (1) (in dollars)

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Selling Insurance

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An insurance salesperson receives a 4.1% commission on each $120 premium paid by a client.

What is the amount of the commission on this premium?

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Jewellery Saes

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A jewellery salesperson earned a commission of 448 USD for selling a diamond ring priced at 5,600 USD.  Find the commission rate.

Answer = (1) %

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SELLING ELECTRONICS

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If the commission on a 430 USD digital camcorder is 21.50 USD, what is the commission rate?

Answer = (1) %

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Explanation

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