answersLogoWhite

0


Best Answer

You are paid on a 'commission' basis.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you are paid 15 per 100 sold what is your type of payment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What is a 100 percent home loan?

100% financing is a type of home loan in which the homeowner applies no money down on the purchase of the home. They are a down payment alternative which helps individuals to purchase a home and finance 100% of the home's value.


What is the difference between pay and payment?

Pay is a verb (often): Pay me now for the day. Or, your pay often means what you take home: My pay is too low for all my expenses. Payment: I mailed in the payment on my credit card. I worked out a payment plan with the IRS and will pay them $100 a month until my debt is paid off. You owe a minimum payment every month on your credit card. You can pay it online or you can pay them by mailing in a check.


If both people are on the loan but one person paid can the other person take the other person to court for some of the paid debt?

Yes. Whether or not you get results will be dependent on a number of things, but it would appear that you have a good case there (although one can't be 100% certain without knowing the details).


Why is more interest paid at the beginning of a loan period than at the end of the loan period?

Charging interest is the method by which a lender profits from loaning money to a borrower. The lender will set the terms of any loan to their advantage. They obviously want to get paid first and get paid the most. The balance of a loan is typically higher at the beginning of a loan, and interest will be charged on the balance. So as a person makes payments on the loan typically he/she will be making a payment consisting of part interest and part principal. As the person pays down the loan the interest that is calculated at the compounding period will be less because the principal amount has been reduced. For example, a person has a $1000 payment, at the beginning of the loan the payment may be broken down as ($900 interest and $100 principal), on the last payment of the loan the payment of $1000 may look like ($950 principal and $50 interest).


What is D P at sight?

Wt do you mean Payment Terms 100% DP at Sigjht

Related questions

How do you get paid using Google Adsense?

You get paid if people click Google AdSense ads on your Website. Payment amount per click varies, but you must accumulate a balance of $100 in order to get paid.


Is it legal for the lender to repossess a vehicle after you made arrangements and they accepted a payment?

it is legal, until it is paid for 100% and you have a title it belongs to them.


Net earning of 740 per month if paid 200 on rent what percent of her income is her rent payment?

Rent payment percentage as follows: Percentage = 200 / 740 * 100 = 27%


You paid 11.75 over the regular price of 470 for a stereo system because of financing them for 2 months What was the annualized rate of interest you paid for the stereo?

If there was no partial payment before the final payment, your interest rate was (11.5/470)(100)(12 months/2 months) = 14.68 %.


MT 103-23 ex MT 100-72 Payment?

MT 103-23 ex MT 100-72 Payment is CONDITIONAL PAYMENT ORDER that give condition that money only paid when certain requirements or conditions are fulfilled. for more information and to avoid confused by con or scam pls contact: ademolam.ajibade@yahoo.com


Alexis paid 20700 as a down payment for her new home. If the down payment was 11.5 percent of the total price of the house what was the total price?

20700 is 11.5%. 20700 ÷ 11.5 = 1800 (1%) 1800 x 100 = 180,000


What type of bankruptcy can you file to not have to pay off your debt?

In ANY bankruptcy, whether or how much of your debt gets paid is dependent on what type it is, and more importantly, what your assets are. Your assets are used to pay your debts...have enough and 100% gets paid.


What type of product is sold at Florsheim Shoes?

The type of product sold at Florsheim Shoes is high quality hand crafted shoes. Ordering through their official site is nice because they offer free shipping on orders over $100.


What is a 100 percent home loan?

100% financing is a type of home loan in which the homeowner applies no money down on the purchase of the home. They are a down payment alternative which helps individuals to purchase a home and finance 100% of the home's value.


What is the difference between pay and payment?

Pay is a verb (often): Pay me now for the day. Or, your pay often means what you take home: My pay is too low for all my expenses. Payment: I mailed in the payment on my credit card. I worked out a payment plan with the IRS and will pay them $100 a month until my debt is paid off. You owe a minimum payment every month on your credit card. You can pay it online or you can pay them by mailing in a check.


How much is a 25 percent payment?

It depends on how much the payment is. If the payment is 100$, 25% is 25$ and in all you will have to pay 125% which is 125$.


What is the value of the Spiralarm type s miners lamp?

I have sold 2 of these in the last year .Each went for £100 to a private collector.