Professional Documents
Culture Documents
Formulas
percentage
Comission= × Sales amount
100
GrossWage=The basic wage+the comission
The Comission=gross wage−basic wage
Basic Wage=Gross wage−thecomission
Example
A sales assistant is paid a basic wage of $125 per week. In addition, she
is paid a commission of 2.5% on the value of the goods she sells. How
much commission will she be paid on sales amounting to $1476 and
what is her gross wage for that week?
Solution
The amount of commission earned
The percentage rate of commission= 2.5%
Basic wage= $1476
2.5
Commission earned= 100 × $ 1476
= $36.90