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Commission
What is a commission?  ,[object Object],[object Object],commission     commission rate     total sales
Example 1 ,[object Object],commission   commission rate    total sales 5%    369 .05  x 369 $18.45   Make sure you convert to a decimal!
Example 2 ,[object Object],commission   commission rate    total sales 8%    675 .08  x 675 $54   Make sure you convert to a decimal!
Try This! ,[object Object],[object Object],[object Object],Commission x Sales 5% x 200 .05 x 200 = 10 commission rate:  6% total sales:  $1,500 commission:  __________   Commission x Sales 6% x 1500 .06 x 1500 = 90
[object Object],total pay     commission  +  salary
Example 3 ,[object Object],Think:  total pay,  t      commission rate   total sales   salary 6% 3500 300   Make sure you convert to a decimal! =  .06     3500  +  300 =  210   +  300 =  510 total pay,  t
Try This! ,[object Object],[object Object],[object Object],[object Object],Commission x Sales 3% x 1800 .03 x 1800 = 54 54 + 250 = $304 Commission x Sales 2% x 25000 .02 x 25000 = 500 500 + 400 = $900 Commission rate:  2% Total sales:  $25,000 Salary:  $400 Total Pay:  __________
Finding the Commission Rate ,[object Object],What percent of 1150 is 69?  Let  r      commission rate. is  of 69  1150  Commission Rate = 6% Make sure you convert to a percent! Remember!!
Try This! ,[object Object],[object Object],[object Object],Commission / Sales 250 / 5000 25 / 500 = 1/20 = 5% Total sales:  $2800 Commission Rate:______ Commission:  $700 Commission / Sales 700 / 2800 7 / 28 = ¼ = 25%
Finding the Selling Price ,[object Object],3 % of what number is 18? Remember!! is  of %   100 =  18  x 3  100 =  3 x  =  1800 x  = 600 The selling price is $600
Try This! ,[object Object],[object Object],[object Object],Total sales:________ Commission Rate:  5% Commission:  $400 4x = 5000 x = 1250 5x = 40000 x = 8000 50  x 4  100 =  400  x 5  100 =

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Commission