Science, asked by monikasharma11298, 9 months ago

what Ara the comossion with example​

Answers

Answered by Anonymous
0

Answer:

Commissions are a form of variable-pay remuneration for services rendered or products sold. Commissions are a common way to motivate and reward salespeople. Commissions can also be designed to encourage specific sales behaviors...

A fee paid for services, usually a percentage of the total cost. Example: City Gallery sold Amanda's painting for $500, so Amanda paid them a 10% commission (of $50)..

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Answered by Anonymous
1

Hey mate....

Here is your answer;

A commission is a service charge assessed by a broker or investment advisor for providing investment advice

or handling purchases and sales of securities for a client.

There are important deferences between

commissions and fees , at Lea in the way these words are used to describe professional advisors bin the financial services industry. A commission- Based advisor or broker makes money by selling investment products such as mutual funds

and annuities and conducting transactions with the client's money. A fee- based advisor charges a flat rate for managing a client's money . This may be either a

dollar amount or a percentage of assets

under management ( AUM). sales

between family members are often gifts

of equality, which are not commission - based

Example of commission:

A fee paid for service, usually a percentage of total cost. Example ; city

Gallery sold Amanda's painting for

$ 500, so Amanda paid them a 10%

commission ( of $ 50 ).

I hope my answer is helpful to you

peace

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