Find the gross earning for each of this sales people (See examples)

Example:

Determining Earning Using Commission

A real estate broker charges as 6% commission. Find the commission on a house selling for $268,500.

The commission is 6% x $268,500 = 0.06 x $268,500 = $16,110. The 6% is called the commission rate, or the rate of commission.

Example:

Subtracting Returns When Using Commission

Amanda Roach, a food-supplements sales representative, had sales of $10,230 one month, with returns and allowances of $1120. If her commission rate is 12%, find her gross earnings.

The returns and allowances must first be subtracted from gross sales. Then multiply the difference, net sales, by the commission rate.

Gross earnings = ($10,230 gross sales - $1120 returns and allowances) x 12%

= $9110 net sales x 0.12

= $1093.20 gross earnings

Transcribed Image Text:

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Answer rating: 100% (QA)

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