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This is a very basic calculation revolving around percentages. Just take the sale price, multiply it by the commission percentage, and divide it by 100. An example calculation: a blue widget is sold for $70. The salesperson works on a commission — they get 14% out of every transaction, which amounts to $9.80. So the formula is: commission amount = sale price × commission percentage / 100. So now you know how to calculate commission. Now that you have this figure, there's a problem with who will cover this cost — usually, it's the selling party (whoever hired the salesperson to do the job). To calculate their revenue, we need to calculate the percentage decrease: real revenue = sale price - sale price × commission percentage / 100. In our example, it's It's not very common, but sometimes it's the buyer who pays for the salesperson's remuneration. In those cases, we need the percentage increase formula: price with commission = base price + base price × commission percentage / 100. In our example, it's $70 + $70 × 14 / 100 = $70 + $9.80 = $79.80. (责任编辑:) |
