Friday, April 19, 2013

Commission Math Problems

Introduction to commission math problems:

Commission math problems article deals with the definition of the commission and the math problems related to the commission.

Definition of commission math problems:

This math problems deals with the rate of money, which we can earn by selling some product or doing the work behind the target fixed.This is very important things in selling and buying the products and it is used to find the commission amount.

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Formula to commission math problem


In these problems the commission rate r % is fixed, by multiply the commission rate with the original cost of the product, we can get the commission amount on that particular product,

Commission amount = r% *(original cost of the product).

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Model problems to the commission math problems:


Find the monthly income of the john if his monthly salary is $2000 and he gets 4% of commission if he sells a car of cost about $4500.
Solution:

The monthly salary of the john is $2000

The commission rate is r= 4%

Commission amount = r% *(original cost of the product).

= 4 %*( 4500)

= (4/100)*(4500)

=(0.04)*(4500)

= $180

Commission amount is 180 $

The monthly income of the john = monthly income +commission amount

= $ 2000 +$180

= $2180

The monthly income of the john is $2180.

2.Find the income of the sam if his daily salary is $200 and he gets 3% of commission if he sells the product amount morethan $500.

Solution:

The daily salary of the john is $200

The commission rate is r= 3%

Commission amount = r% *(500).

= 3 %*( 500)

= (3/100)*(500)

=(0.03)*(500)

= $15

Commission amount is $15

The daily income of the john = daily income +commission amount

= $ 200 +$15

= $215

The monthly income of the john is $215.

3.Find the commission price of the product of cost $700 and the tax commission is 6%.

Solution:

The tax commission is 6%

The cost of the product is $700

Commission amount = r% *(original cost of the product).

= (6/100)*700

= (0.06)*700

= 42

commission amount is $42.

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