commision percentage formula
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Step-by-step explanation:
This is a very basic calculation revolving around percents. Just take sale price, multiply it by the commission percentage, divide it by 100. An example calculation: a blue widget is sold for $70 . The sales person works on a commission - he/she gets 14% out of every transaction, which amounts to $9.80 .
A commission is a percentage of total sales as determined by the rate of commission. commission=rate of commission⋅total sales. To find the commission on a sale, multiply the rate of commission by the total sales.
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rate of coommmision - title sales..................
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