1. For Gerald:
- Commission = 10% of P582,268
- Commission = 0.10 × 582,268 = P58,226.80
2. For Clyde:
- Basic monthly compensation = P15,500
- Commission = 2% of P124,269
- Commission = 0.02 × 124,269 = P2,485.38
- Gross earnings = Basic + Commission = 15,500 + 2,485.38 = P17,985.38
3. For Jennie:
- Total sales = P82,500
- First P20,000: 1% = 0.01 × 20,000 = P200
- Second P20,000: 2% = 0.02 × 20,000 = P400
- Third P20,000: 3% = 0.03 × 20,000 = P600
- Excess = 82,500 - 60,000 = P22,500; 4% = 0.04 × 22,500 = P900
- Total commission = 200 + 400 + 600 + 900 = P2,100
4. For Jennie:
- Total sales = P106,400
- First P20,000: 1% = 0.01 × 20,000 = P200
- Second P20,000: 2% = 0.02 × 20,000 = P400
- Third P20,000: 3% = 0.03 × 20,000 = P600
- Excess = 106,400 - 60,000 = P46,400; 4% = 0.04 × 46,400 = P1,856
- Total commission = 200 + 400 + 600 + 1,856 = P3,056
Parent Tip: Review the logic above to help your child master the concept of commission worksheet.