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How much would a local salesman have to sell to have a monthly income of 2500 if he has a base salary of 950 and receives 9 commission on all sales over 1350?
To find out how much a local salesman needs to sell to achieve a monthly income of $2,500, we first calculate the required commission. He needs $2,500 - $950 = $1,550 from commissions. Since he earns a 9% commission on sales over $1,350, let ( x ) be the total sales. The commission is then ( 0.09(x - 1350) ). Setting up the equation ( 0.09(x - 1350) = 1550 ) and solving for ( x ) gives ( x \approx 18,900 ). Therefore, the salesman needs to generate approximately $18,900 in sales.
What is the sales tax of 22150.3 at 7.75 percent?
The total tax is $1,716.65 and the total price with tax is $23,866.95.
What is 8.75 dollars with a 5.25 percent sales tax?
The total tax is $0.46 and the total price with tax is $9.21
What is the sales tax on 30.00 at a rate of 5.0 percent?
The total tax is $1.50 and the total price with tax is $31.50
What is the total cost of a 2.95 if the sales tax rate is5 percent?
The total tax is $0.15 and the total price with tax is $3.10.
Is the percent of total sales paid as commission to a salesperson?
Commission rate
How do you add a 15 percent commission on net sales?
To add a 15 percent commission on net sales, first calculate the total net sales amount. Then, multiply that amount by 0.15 (which represents 15 percent). Finally, add the calculated commission to the net sales to find the total amount including the commission. For example, if net sales are $1,000, the commission would be $150, making the total $1,150.
How would you write this as a formula A sales representative earns 2point5 percent commission on sales Find the commission earned when the total sales are 80700?
80700 x 0.025 = 2017.50.
Harry earns 5 percent commission on his total salesWhat was his commission if he had sales of 9250?
462.50 commission. 5% x 9250.00=462.50
How much money does and insurance broker make?
It all depends on the commission structure and the total sales and total premiums. In car insurance, typical commissions range from 7% to 15% first year and renewal.
Do you get paid commissions on the whole sale or the deposit?
What are you selling? If it's Insurance you get to keep the first month's payment. Most sales jobs pay on a commission for the total amount of the sale.
What is the average medical equipment sales commission?
People who sell medical equipment usually earn a commission on the total amount sold. The average commission is between two and five percent.
How are sales commissions figured in the promotional products industry?
Oh, dude, it's like this: in the promotional products industry, sales commissions are typically calculated as a percentage of the total sales made by a salesperson. So, the more you sell, the more you make - pretty straightforward, right? It's like getting a bonus for convincing people they need a bunch of branded pens and stress balls.
How are insurance agents remunerated?
Agents may receive commissions in two ways: a first-year commission for making the sale (usually 55 percent of the total first-year premium), or a series of smaller commissions paid when the insured pays
What is method of calculating commission on sale?
Sales commission can be calculated base on either:1) A percentage of the total Revenue.2) A percentage of the Gross Profit.3) A percentage of the Net Profit.That percentage can be against the:1) The overall achievement of all sales during a complete fiscal year; or2) Achievement of specific items or business lines during a complete fiscal year.3) Or achievement on all/partial sales for specific time (month, quarter, bi-yearly, or yearly)4) Commission per item sold, or per service provided.- Usually commission is 3 to 20 % of the GP. But this varies a lot depending on the industry you are in.You have to answer 3 questions:What is the sales price per unit?What is your commission percent?How many unit do you sell per week on average?Then you do the math:Commission per unit salesTotal sales per weekTotal commissions per weekTotal sales per year(50 weeks per year)Total commissions per year (50 weeks per year)
How much commission do wedding dress salespeople make?
Wedding dress salespeople typically earn a commission based on a percentage of the total sales they generate. The commission rate can vary depending on the store and the individual's sales performance. On average, wedding dress salespeople can earn commissions ranging from 10% to 20% of the total sales they make.
Total sales 13600 commission rate 2.75?
Commission: $374.00
