Question #792d3

1 Answer
Oct 14, 2017

Commission = Unit x Commission Rate


A "commission" is simply another term for a percentage, usually applied to business transactions. A salesperson may be paid a certain percentage of the gross sales that she closes. Sometimes a small base-pay is also included whether there are sales or not.

So, to find a commission you only need to know the commission rate - the percentage of the sale, unit, or service fee - that will be paid.