# Commission And Percents, Tax, Tip And Discounts

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| By BkayG
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Quizzes Created: 1 | Total Attempts: 484
Questions: 10 | Attempts: 485

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• 1.

### A real estate agent earned a commission of \$6875 for selling a house.  If his rate is 2.5% find the selling price of the house. ___________________

Explanation
The selling price of the house can be found by dividing the commission earned by the agent by his commission rate. Since the commission earned is \$6875 and the commission rate is 2.5%, we can calculate the selling price by dividing \$6875 by 0.025 (which is the decimal form of 2.5%). The result is \$275,000.

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• 2.

### John is selling sets of knives and makes 10% commission on all sales.  What would his commission be on the sale of a \$3250 set of knives? ________________

Explanation
John's commission is calculated by multiplying the sale amount by the commission rate (10%). In this case, the sale amount is \$3250. Therefore, John's commission would be \$325.00.

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• 3.

### A salesperson made \$890.50 selling \$6850 worth of electronic equipment.  Find the commission rate. ____________________

Explanation
The commission rate can be found by dividing the amount of commission earned (\$890.50) by the total sales (\$6850) and then multiplying by 100 to convert it to a percentage. In this case, the calculation would be (890.50 / 6850) * 100 = 13.013%. Rounded to the nearest whole number, the commission rate is 13%.

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• 4.

### Another real estate agent sold a house for \$315,000 last week.  Is her commission is 1.25% of the selling price of the home, find the amount of her commission. _________________________

Explanation
The commission amount can be calculated by multiplying the selling price of the house (\$315,000) by the commission rate (1.25%). This gives us \$3,937.50.

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• 5.

### Danielle sells beauty supplies and earns a base salary of \$450 per week plus a 9% commission on sales.  During one particular week she sells \$895 worth of beauty supplies.  How much commission did she make for that week?

Explanation
During the week, Danielle sells \$895 worth of beauty supplies. She earns a 9% commission on sales, so her commission for that week would be 9% of \$895. To calculate this, we can multiply \$895 by 0.09. This gives us \$80.55. Therefore, Danielle made a commission of \$80.55 for that week.

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• 6.

### Roberta makes \$9 an hour plus a 12.5% commission selling jewelry.  How much does she earn on an 8 hour shift in which she sells \$380 worth of jewelry?

Explanation
Roberta earns \$9 an hour plus a 12.5% commission on her sales. In an 8 hour shift, she makes \$9 x 8 = \$72 from her hourly wage. To calculate her commission, we need to find 12.5% of \$380, which is (12.5/100) x \$380 = \$47.50. Therefore, her total earnings for the shift are \$72 + \$47.50 = \$119.50.

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• 7.

### Kevin works as a salesperson at a store that specializes in custom made computers.  He earns a base pay of \$325 a week and a commission on his sales.  If Kevin earned a total of \$1125 last week, how much of it was commission?

Explanation
Kevin earned a total of \$1125 last week, which includes his base pay of \$325. To find out how much of it was commission, we subtract his base pay from the total amount earned: \$1125 - \$325 = \$800. Therefore, \$800 of Kevin's earnings last week was commission.

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• 8.

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• 10.

### You go out to eat and your meal costs \$67.35.  You want to leave an 18% tip.  How much do you leave total?

Explanation
To calculate the total amount to leave as a tip, we need to find 18% of the meal cost. Multiply \$67.35 by 0.18 to get \$12.12, which is the tip amount. Adding the meal cost and the tip, the total amount to leave would be \$67.35 + \$12.12 = \$79.47.

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• Current Version
• Mar 21, 2023
Quiz Edited by
ProProfs Editorial Team
• Jan 20, 2015
Quiz Created by
BkayG

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