Math 6

1.  Commission is the portion of money received by a salesperson from total sales of
products.
 Net Proceeds is the amount that remains after the commissions has been deducted
from the total sales.
FORMULA:
• Commission = Total Sales x Commission Rate
• Total Sales =
𝑐𝑜𝑚𝑚𝑖𝑠𝑠𝑖𝑜𝑛
𝑐𝑜𝑚𝑚𝑖𝑠𝑠𝑖𝑜𝑛 𝑟𝑎𝑡𝑒
• Commission Rate =
𝑐𝑜𝑚𝑚𝑖𝑠𝑖𝑜𝑛
𝑡𝑜𝑡𝑎𝑙 𝑠𝑎𝑙𝑒𝑠