Commision (C) = Total Sales (TS) X Rate Of Commission (RC)
Kothari commission
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
There are many many ways of calculating commission - it depends on the contractual agreement.
Commision (C) = Total Sales (TS) X Rate Of Commission (RC)
There is no standard formula. Different employers use different methods.
Commission divided by sale = rate of commission.For example:Last week Don Felt made a commission of $325.80 on $2715 sales. Find his rate of commission.S325.80/2715=12%
There were would be various approaches to this depending on specifically what you wanted to do, like what and how many rates there are. The following is a simple example based on a single commission rate and a value that has to be reached before commission is earned. If you take it that the value being checked for commission is in A3, the rate of commission is in B4, and the minimum value at which commissioned can be earned is in B5, then you could use the following formula: =IF(A3>=$B$5,A3*$B$4,0)
80700 x 0.025 = 2017.50.
what is Bunching
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
civil service commission, commission on election, commission on audit
The Commission on Audit, the Civil Service Commission, and the Commission on Elections.