







Salary Plus Commission 
20190405 

From Herschel: Fire Fighting Equipment pays salespeople as follows: $452 per week plus a commission of .9% on sales between $15,000 and $25000, with 1.1% paid on sales in excess of $25,000. Find the gross earnings for an salesperson whose Total Sales are $28,400. (No commission is paid on the first $15,000 of sales) Answered by Penny Nom. 





Margin with commission as part of selling price 
20190213 

From Anni: I need to find selling price to put us at 24% margin.
15% commission is based on selling price and is included in our cost.
I'm trying to do it excel and keep getting a circular reference.
Total cost= cost + commission (15% of selling price)
Selling price=total cost + 24% margin Answered by Penny Nom. 





Splitting a commission 
20180913 

From Beth: If Sales Prices is $170975 and commission is 6% but listing agent gets 60% of the 6% and selling agent gens 40% of the 6% what is the actual percentage that each would actually receive? Answered by Penny Nom. 





Salary plus commission 
20171016 

From Natasha: Veronika works at Future Shop and earns ₱10.50/h plus 6% commission on sales. Last week Veronika worked 40 hours. What was Veronika’s weekly gross salary if her total sales were ₱2050? Answered by Penny Nom. 





A bonus of 8% of sales 
20160222 

From Barghavi: A man earns $325 per week plus an additional 8% on any sales over $500.
If he makes $6,250 in sales, how much money in total does he earn that week?
thank you! Answered by Penny Nom. 





Commission 
20150313 

From Rose: A shopkeeper receives 12.5% (12 1/2 %) commission on the sale of books from
the publisher. In a certain month,he receives a commission of rs.250 from the
publisher. How much was his sale for that particular month?? Answered by Penny Nom. 





A 6% commission 
20111015 

From Tamara: if you earned a gross wage of $810, which includes a salary of $90 and a 6% commission how much is the net sales? Answered by Penny Nom. 





3% commission 
20110401 

From bertha: A real estate broker’s base annual salary is $18,000. She earns 3% commission on
total sales. How much must she sell in real estate value during the year to earn
$65,000? Set up an equation and solve. Show all work to receive full credit. Round
final answer to the nearest dollar. Answered by Penny Nom. 





Commission 
20100424 

From TAHIR: I want to predetermine the amount of commission on sale of my product which will be the amount that I shall have to pay .
For example, the price is $ 600and commission 5% .
1) I calculate commission on 600 @ 5% = $ 30
When added $ 600 the retail price = $ 630
2) But on $ 630, 5% commission = $ 31.50
So we make a loss of $ 1.50 .
3) Again if we add this $ 1.50 to $ 630 the price = 631.50
But the commission when calculated does not tally
and we make a loss of $ 0.075.
Please let me know how to determine the commission beforehand so that it matches our accounts. Answered by Penny Nom. 





What percent commission does Aaron earn? 
20090309 

From Jerry: Aaron works part time as a salesperson for an electronics store. He earns $4.75 per hour plus a percent commission on all of his sales. Last week Aaron worked 20 hours and earned a gross income of $143.75. If his total sales for the week were $1,500, what percent commission does Aaron earn? Answered by Penny Nom. 





Rent and a commission 
20090217 

From cliff: a landlord receives $95.00 rent 5% commission was paid to get to $95.00 what was the original number. The answer is obvious but what is the formula. Thanks. Cliff Answered by Penny Nom. 





Calculating markup 
20090203 

From Tonya: I'm trying to figure out the formula for the following, I have a product that I want to receive a certain profit, but with this product I also have to pay a percentage of commission to someone. I need to know how to calculate my new selling price taking into account the markup percentage, but I don't want my cut to be lowered. I have calculated the markup percentage to get my new selling price with the commission, but it lowers my cut once I pay the commission and I don't want it to do that. Thanks Answered by Penny Nom. 





The selling price 
20080904 

From Robert: Client wants to sell his property providing he is left with 100000.00$ net.
How do I calculate selling price if commission is 6% and taxes on the commission 6% Fed and 7.5%prov.
I'm taking the real estate class and this one really got me. Answered by Penny Nom. 





Selling price 
20080510 

From Roxane: I'm trying to figure out the formula for the following, I have a product that
I want to receive a certain profit margin, but with this product I also have
to pay a percentage of commission to someone. I need to know how to
calculate my new selling price taking into account the markup percentage, but
I don't want my gross margin to be lowered. I have calculated the markup
percentage to get my new selling price with the commission, but it lowers
my profit margin once I pay the commission and I don't want it to do that. Answered by Penny Nom. 





Actural cost, selling price and commission 
20080221 

From LiSa: I have a question about a few things if anyone can answer...
ex.
actual cost (AC) = $1000
selling price (SP) = $
amount earned for company (C) = 15% of... selling price?
commission 1 (C1) = 2.5%
commission 2 (C2) = 2.5%
How would you calculate how much the company's commission amount would be as well as the amounts for the other 2 that get 2.5%? And what would the selling price be? (the 15% $ + 2.5% $ + 2.5% $ ?)
Is the 2.5% taken from the original amount? I am soooo confused!
If anyone could help, that would be great! Answered by Harley Weston. 





Base salary plus commission 
20080110 

From mike: i need some help with this word problem.
in november 2001, hall kinion advertised an account executive position in savannah
georgia for a salesperson with experience selling internet services. the job
advertised a 3500 dollar base salary and 24000 dollar to 48000 dollar in
commissions in the first year. Assuming a 20 percent commission rate, how many
dollars in sales would u have to generate to earn 64000 dollars annually. Answered by Penny Nom. 





Markup to include 6% commission 
20070907 

From Steve: I estimate the cost to build a house for $250,000.00. I mark it up by 20%:
$250,000 x 1.20 = $300,000 base price (BP) without sales commission. I want to set
the sale price (SP) to include a 6% commission to pay the real estate fee. After the
6 % fee is paid I want to net the $300,000 base price. The formula is basically:
$300,000 + 6% of SP = SP. But I can't figure out how to solve for SP. Answered by Penny Nom. 





My commsion is 2.5% 
20070502 

From susan: How do you do percentage say i sold a house for 350,000 my commssion
is 2.5% how do i figure that out can you show the formula for calculator please thank you very much Answered by Penny Nom. 





Percentage markup 
20070316 

From Debbie: What formula or formulas do I use if I want to ultimately charge a customer $300 for a service, but need to factor in a 15% commission for a sales rep, $20 to cover the cost of our overhead, the cost of a $25 coupon that we will be sending to the customer to apply to future services. In other words, what amount do I initially quote the customer to be able to cover these costs? Answered by Stephen La Rocque. 





An onsale DVD player 
20030709 

From Kim: I have a DVD player with a regular selling price of $175 and percentage of discount is 10 percent. How to solve for discount amount and sale price? Also, when you figure out the sale price how to figure out commission amount when percentage of commission is 5 percent? Answered by Penny Nom. 





A house's selling price 
20021105 

From Tanisha: a CERTAIN REALESTATE AGENT RECEIVES $6 FOR EVERY $100 OF A HOUSE'S SELLING PRICE. HOW MUCH WAS A HOUSE SOLD FOR IF THE AGENT $10,725._ Answered by Penny Nom. 





Two problems 
20010323 

From James: Casey is a finanical consultant for ABC finance. She earns $456.21 weekly. Her annual group medical coverage costs $1942, of which ABC pays 65%. How much is deducted weekly for medical coverage? and: Eleanor demonstrates microwaves at the national home show. She is paid $7 for each of the first 7 demonstrations and $11 for each demonstration after 7. What is her commission for a day if she makes 12 demonstrations? Answered by Penny Nom. 





Working on commission 
20010217 

From Jay: Ron the realtor is offered a job directly out of realestate school. He has a choice as to which way he will receive his salary the first year.
Salary Plan 1: He would receive a base pay of $2000 per month plus a 3% commission on each sale.
Salary Plan 2: No base pay but a 6% commission on each sale.
Write an equation to determine when it would be better to switch from the first plan to the second plan. Give a one or twosentence answer that includes Ron`s sales in a month. Round to the nearest dollar, if necessary. Answered by Leeanne Boehm and Penny Nom. 

