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Blake earned 199.20 for 24 hours of work. Find his hourly rate of pay.?
To find Blake's hourly rate of pay, divide his total earnings by the number of hours worked. This can be calculated as follows: $199.20 ÷ 24 hours = $8.30 per hour. Therefore, Blake's hourly rate of pay is $8.30.
How do you calculate your raise with percent hourly?
Answer: Either of the following methods: 1. ((New pay rate / old pay rate) - 1) * 100 2. ((New pay rate - old pay rate) / old pay rate ) * 100 Proof: If old pay rate = 15 $/hr and new pay rate = 18 $/hr, then: 1. ((18 / 15) - 1) * 100 = 20% 2. ((18 - 15) / 15) * 100 = 20% Check: old pay rate * (decimal version of 20%=0.20) + old pay rate = new pay rate 15 * 0.20 + 15 = 18
What would your gross pay be if you earn a monthly salary of 2200 plus 3.5 percent commission on your sales of 5500?
2392.50 commission: 3.5% of 5500 = 3.5/100 × 5500 = 192.50 → gross pay = monthly_salary + commission = 2200.00 + 192.50 = 2392.50
How do you calculate the percentage of raise?
To calculate the percentage of a raise: Determine the difference between your new pay rate and your old: New (higher) pay rate - Old (lower) pay rate = Difference Then divide the difference by your old rate and multiply by 100 to get the percentage. (Difference/Old pay rate) * 100 = Percentage of raise
Valerie wants to take out a discount loan of 569. the rate is 4.5 for 250 days. how much will she pay?
To calculate the amount Valerie will pay for the discount loan, first determine the interest using the formula: Interest = Principal × Rate × Time. Here, the principal is 569, the rate is 4.5% (or 0.045), and the time is 250 days (or 250/365 years). Calculating the interest: Interest = 569 × 0.045 × (250/365) ≈ 17.53. Now, subtract the interest from the principal to find the total amount she will pay: Total amount paid = Principal - Interest = 569 - 17.53 ≈ 551.47. Thus, Valerie will pay approximately $551.47.
How do you find the commission rate?
How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.
What is hourly plus commission?
When employers pay and hourly rate, say minimum wage, but also give you a percentage of your, or your company's, total sales (commission) in addition.
Is the percent of total sales paid as commission to a salesperson?
Commission rate
Total sales 13600 commission rate 2.75?
Commission: $374.00
How do you calculate gross pay?
Calculate Gross Pay for hourly employees by multiplying the pay rate times the number of hours worked in the pay period, and including payment of overtime at 1.5 times the pay rate.
What is the formula of commission?
Commision (C) = Total Sales (TS) X Rate Of Commission (RC)
What is formula of commission?
Commision (C) = Total Sales (TS) X Rate Of Commission (RC)
What is the rate of commission if total sales are 7785.00 and you receive 295.83?
The rate of commission is 38.00%. you can calculate it by following formulae: (amount of commission * 100)/ Total sales. Njoy, regards, nilesh e-mail: nilesh_nilesh40@yahoo.com
11 Phil Smith is a car salesman Last week his total sales amounted to 27650.00 and he received 1382.50 in commission What is his rate of commission?
5% Divide his commission by the total sales, and multiply the result by 100 For example, if the total sales amounted to 2000.00 and he received 150.00, his rate of commission would be 7.5%.
How do you get paid when you work on commission?
Commission only jobs, pay you based on a percentage of your total sales, either weekly or bimonthly
What is the commission rate for service sales?
The commission rate for any product or service is based on the annual services revenue and total sales compensation less salary. If annual services revenue is $12M and the total sales compensation is $240,000 including a $120,000 salary, then the services commission rate is ($240K - $120K)/$12M = 1%. Depending on the type of services and total comp, commission rates may range from 0.25% to 4.0% for services. JMC
Rob Polanski is a tractor salesman Last week his total sales amounted to 38642.00 and he received 2704.94 in commission What is his rate of commission?
Rob Polanski is a tractor salesman. Last week his total sales amounted to $38,642.00, and he received $2,704.94 in commission. What is his rate of commission?A. 6% B. 5.9%C. 7%D. 8.4%
