462.50 commission. 5% x 9250.00=462.50
Stockbrokers usually work on a commission basis. It would depend on how successful they were.
A realtor typically earns a commission of around 5-6 when selling a million dollar home.
Knowing if a person earns commission is important because it can significantly impact their overall income and financial stability. Commission-based earnings can vary widely based on performance, which may influence budgeting, spending habits, and financial planning. Additionally, understanding a person's income structure can provide insights into their job satisfaction, motivation, and career goals. This information is particularly relevant in contexts like hiring, negotiation, or financial advice.
To find the rate of commission, divide the total commission earned by the total sales amount and then multiply by 100 to express it as a percentage. The formula is: ( \text{Commission Rate} = \left( \frac{\text{Total Commission}}{\text{Total Sales}} \right) \times 100 ). For example, if a salesperson earns $500 in commission from $5,000 in sales, the commission rate would be ( \left( \frac{500}{5000} \right) \times 100 = 10% ).
Answer is $865 Dollars
The commission is 6.6%
Sharon earns 4 percent commission on the items she sells. One week, she earns $150 in commission. What is the total value of the items she sold?
His 1.5% commission would be $112.50.
100
7500
1250 x .07 = 87.5
80700 x 0.025 = 2017.50.
$1800
3% = 510 so 1% = 170 and 100% = 17000
17 thousand
A salesperson earns commission.
575