commission
DESCRIPTION
Lesson on commission I made for my 8th graders.TRANSCRIPT
Commission
What is a commission? What is a commission?
A A commissioncommission is a fee paid to a person who is a fee paid to a person who makes a sale. makes a sale. The commission is usually a percent of the The commission is usually a percent of the selling price. The percent is called the selling price. The percent is called the commission ratecommission rate..
commission commission commission rate commission rate total salestotal sales
Example 1
Carmen Pena works in an appliance store. She is paid a 5% commission rate on all appliances that she sells. What is her commission on the
sale of a television set that costs $369?
commission commission commission ratecommission rate total salestotal sales
55%%
369369
.05 .05 x 369x 369$18.45 $18.45 Make sure you convert to a
decimal!
Example 2
Suppose the commission rate is 8%. Find the commission on a $675 refrigerator.
commission commission commission ratecommission rate total salestotal sales
88%%
675675
.08 .08 x 675x 675$54 $54 Make sure you convert to a
decimal!
Try This!
commission rate: 5%total sales: $200commission: __________
Commission x Sales5% x 200.05 x 200 = 10
commission rate: 6%total sales: $1,500commission: __________
Commission x Sales6% x 1500.06 x 1500 = 90
Other salespeople are paid a commission plus a regular salary. Their total pay is a percent of
the sales they make plus a salary.
total pay total pay commission + commission + salarysalary
Example 3Josh earns a weekly salary of $300 and a 6% commission on his sales. Last week his sales
totaled $3,500. What was his total pay?
Think: total pay, t commission rate total sales salary
6% 3500 300 Make sure you
convert to a decimal! = .06 3500 + 300
= 210 + 300= 510total pay, t
Try This!
Commission rate: 3%Total sales: $1800Salary: $250Total Pay: __________
Commission x Sales3% x 1800.03 x 1800 = 5454 + 250 = $304
Commission x Sales2% x 25000.02 x 25000 = 500500 + 400 = $900
Commission rate: 2%Total sales: $25,000Salary: $400Total Pay: __________
Finding the Commission Rate
The commission on the sale of a $1,150 video camera is $69. What was the commission
rate?
What percent of 1150 is 69? Let r commission rate.
is of
Remember!!
69 1150 69.01150 0
.06
Commission Rate = 6%Make sure you
convert to a percent!
Try This!
Total sales: $5000Commission Rate:______Commission: $250
Commission / Sales250 / 500025 / 500 = 1/20 = 5%
Total sales: $2800Commission Rate:______Commission: $700
Commission / Sales700 / 28007 / 28 = ¼ = 25%
Finding the Selling PriceThe commission rate is 3% and the
commission on the software sale is $18. What is the selling price?
3 % of what number is 18? Remember!! is of
% 100 =
18 x
3 100 = 3x = 1800
x = 600 The selling price is $600
Try This!
Total sales:________Commission Rate: 4%Commission: $50
Total sales:________Commission Rate: 5%Commission: $400
50 x
4 100 = 4x = 5000
x = 1250
400 x
5 100 = 5x = 40000
x = 8000