66
To find the commission rate, divide the earnings by the total sales amount and then multiply by 100 to get a percentage. In this case, the commission rate is ( \frac{154}{2200} \times 100 \approx 7% ). Therefore, the commission rate is approximately 7%.
$132
2200
The commission is 6.6%
The commission rate is the commission earned by the agent or broker who places the policy wit the company.
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%
Commission rate
Commission: $374.00
2200 basic price
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.
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
To calculate commission due, first determine the commission rate, which is typically a percentage of the sales made. Multiply the total sales amount by the commission rate (expressed as a decimal). For example, if the total sales are $10,000 and the commission rate is 5%, the commission due would be $10,000 x 0.05 = $500. Ensure to account for any adjustments or deductions as specified in the commission agreement.