Sure! Let’s solve each commission problem step by step.
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Problem 1: Michelle sold a gold chain with a sale price of $1,250.00. The commission is 2%. How much commission will she receive?
Solution:
To find the commission, multiply the sale price by the commission rate (as a decimal).
> Commission = Sale Price × Commission Rate
> Commission = $1,250.00 × 2%
> Commission = $1,250.00 × 0.02
> Commission =
$25.00
✔ Answer: $25.00
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Problem 2: Justin sold a pair of Air Jordan 1’s. The sale price is $1,190.00. The commission is 4%. How much commission will he get?
Solution:
Same formula: Commission = Sale Price × Commission Rate
> Commission = $1,190.00 × 4%
> Commission = $1,190.00 × 0.04
> Commission =
$47.60
✔ Answer: $47.60
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Problem 3: Mark sells men’s clothing. At his job today, he sold a total of $876.50. The commission is 3%. How much commission will he receive?
Solution:
> Commission = $876.50 × 3%
> Commission = $876.50 × 0.03
> Commission =
$26.295
Since money is usually rounded to the nearest cent:
> $26.295 →
$26.30
✔ Answer: $26.30
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Problem 4: Dacia sold a boat. The sale price is $50,000.00. Her commission is 0.1%. How much commission will she get?
Solution:
> Commission = $50,000.00 × 0.1%
> Commission = $50,000.00 × 0.001
> Commission =
$50.00
✔ Answer: $50.00
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✔ Final Answers:
1.
Michelle: $25.00
2.
Justin: $47.60
3.
Mark: $26.30
4.
Dacia: $50.00
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💡 Quick Tip:
To calculate commission:
>
Commission = Sale Price × (Commission % ÷ 100)
or
>
Commission = Sale Price × Decimal Form of %
Always remember to convert percentages to decimals by dividing by 100 (e.g., 2% = 0.02, 0.1% = 0.001).
Let me know if you’d like to see these explained with diagrams or real-world examples!
Parent Tip: Review the logic above to help your child master the concept of commission worksheet.
