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Students can use this worksheet to practice calculating simple and compound interest, as well as solving complex commission-based salary problems.

Interest and commission worksheet with tables for simple and compound interest and word problems on sales commissions.

Interest and commission worksheet with tables for simple and compound interest and word problems on sales commissions.

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Show Answer Key & Explanations Step-by-step solution for: Interest and Commission Worksheet | PDF | Applied Mathematics ...
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.
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