Worksheet for calculating sales commissions and total earnings based on various scenarios.
Calculate Commission Worksheet with math problems involving sales commissions and total earnings.
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Step-by-step solution for: Commission Worksheet Pdf - Fill Online, Printable, Fillable, Blank ...
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Show Answer Key & Explanations
Step-by-step solution for: Commission Worksheet Pdf - Fill Online, Printable, Fillable, Blank ...
Problem Analysis:
The task involves calculating commissions and total salaries based on given conditions. Let's break down each part of the problem step by step.
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1. Rajesh Jha's Commission
Given:
- Rajesh Jha earns a commission of 2% when a bus is sold.
- The bus is sold for $350,000.00.
Formula:
\[ \text{Commission} = \text{Sale Price} \times \text{Commission Rate} \]
Calculation:
\[ \text{Commission} = 350,000 \times 0.02 = 7,000 \]
Answer:
\[ \boxed{7,000} \]
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2. Subhaman Mada's Commission
Given:
- Subhaman Mada earns a commission of 10% on each TV set sold.
- Each TV costs $120.
- He sells 5 TVs in a month.
Formula:
\[ \text{Total Commission} = (\text{Number of TVs Sold}) \times (\text{Price per TV}) \times (\text{Commission Rate}) \]
Calculation:
\[ \text{Total Commission} = 5 \times 120 \times 0.10 = 60 \]
Answer:
\[ \boxed{60} \]
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3. Sushant Dabhi's Total Salary
Given:
- Sushant Dabhi gets a basic salary of $2800 per month.
- He earns a commission of 2% if his total sales are $30,000 for the month.
Formula:
\[ \text{Total Salary} = \text{Basic Salary} + \text{Commission} \]
\[ \text{Commission} = \text{Total Sales} \times \text{Commission Rate} \]
Calculation:
\[ \text{Commission} = 30,000 \times 0.02 = 600 \]
\[ \text{Total Salary} = 2800 + 600 = 3400 \]
Answer:
\[ \boxed{3400} \]
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4. Commission Rate Calculation
Given:
- Sale = $22,553
- Commission = $5
Formula:
\[ \text{Commission Rate} = \frac{\text{Commission}}{\text{Sale}} \]
Calculation:
\[ \text{Commission Rate} = \frac{5}{22,553} \approx 0.0002217 \]
\[ \text{Commission Rate as a Percentage} = 0.0002217 \times 100 \approx 0.02217\% \]
Answer:
\[ \boxed{0.02217\%} \]
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5. Total Salary with Commission
Given:
- Fixed Salary per month = $1,230
- Monthly Sales = $13,123
- Commission Rate = 5%
Formula:
\[ \text{Total Salary} = \text{Fixed Salary} + (\text{Monthly Sales} \times \text{Commission Rate}) \]
Calculation:
\[ \text{Commission} = 13,123 \times 0.05 = 656.15 \]
\[ \text{Total Salary} = 1,230 + 656.15 = 1,886.15 \]
Answer:
\[ \boxed{1,886.15} \]
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6. Total Commission on Sales
Given:
- Commission on first $50,000 sale = 5%
- Commission after $50,000 sale = 8%
- Sale = $780,000
Steps:
1. Calculate the commission on the first $50,000.
2. Calculate the commission on the remaining amount ($780,000 - $50,000).
3. Sum the two commissions.
Formulas:
\[ \text{Commission on First $50,000} = 50,000 \times 0.05 \]
\[ \text{Commission on Remaining Amount} = (\text{Total Sale} - 50,000) \times 0.08 \]
\[ \text{Total Commission} = \text{Commission on First $50,000} + \text{Commission on Remaining Amount} \]
Calculations:
\[ \text{Commission on First $50,000} = 50,000 \times 0.05 = 2,500 \]
\[ \text{Remaining Amount} = 780,000 - 50,000 = 730,000 \]
\[ \text{Commission on Remaining Amount} = 730,000 \times 0.08 = 58,400 \]
\[ \text{Total Commission} = 2,500 + 58,400 = 60,900 \]
Answer:
\[ \boxed{60,900} \]
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Final Answers:
1. \( \boxed{7,000} \)
2. \( \boxed{60} \)
3. \( \boxed{3400} \)
4. \( \boxed{0.02217\%} \)
5. \( \boxed{1,886.15} \)
6. \( \boxed{60,900} \)
Parent Tip: Review the logic above to help your child master the concept of calculating commission worksheet.