percents
I can calculate
commission and royalty
COMMISSION AND ROYALTY
What are some careers
that work off of comission?
Commission: your earnings based on a
percentage of how much you sell
Royalty: earnings based on sales of product
that a person 'owns'
what is the difference
between commission
and salary?
Commission Earned=rate(sales)
Royalty = rate(sales)
salary: base pay + commission
I can calculate
commission and royalty
percents
EXAMPLES
A car salesman earnes 12% commission on all
sales he brings in. He sold 3 cars this past
weekend that sold for $5,500, $12,500, and
$23,000. How much money did he earn total?
what are some
examples of calculating
commission and royalty?
Rhianna earnes 5% royalty on all cds she
sells. If her cd's cost $12.99 how much
does she earn per cd?
You designed an amazing product as the creator you
get 15% of royalty. If your product made $52,000 in
one week how much did you make?
A realtor earns 2.5% commission on their sales. If
they just sold a home in Trout Brook for $325,000
how much commission did they make?
percents
describe how you calculate
I can calculate
commission and royalty
A flooring salesman earns a base salary of $15 an
hour plus 5% commission on all sales they had. If
they worked for 32 hours and sold $12,000 in
flooring how much did they bring home?
salary when you get paid
per hour with a commission.
You got a job at Apple in college. You earn a base
salary of $8.50 plus 2.5% interest on all product
sold. You sold $1200 in product and worked 40 hours.
How much was your paycheck?
The Bieb receives 14% royalty on all perfume
sales. During March Justin sold 45,000 in perfume
products. How much did he earn?