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Starter Questions. Q1. How much should I get if I work 15 hours at a rate of £7.50 per hour. Q2. Find the missing angles. 94 o. 60 o. Commission. Learning Intention. To explain how to work out wages when commission is involved. Commission. Commission :.
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Starter Questions Q1. How much should I get if I work 15 hours at a rate of £7.50 per hour. Q2. Find the missing angles 94o 60o
Commission Learning Intention • To explain how to work out wages • when commission is involved.
Commission Commission : Money earned based on how much you sell. Usually expressed as a percentage. Name some people who get commission Car sales person Double glazing sales person
Commission Example 1 : Bob sells car. He is paid a commission of 5% on any cars he sells. Last week he sold £ 20 000 worth of cars. How much commission was he paid ? 10% = 20 000 ÷ 10 = £2000 5% = 2000 ÷ 2 = £1000 5% = 5 ÷ 100 5 ÷ 100 x £20 000 = £1 000
Commission Example 2 A travel agent earns 7% commission on any holiday she sells. One day she sells £3200 worth of holidays. The next day she sell only £800 worth of holidays. Calculate her commission for the two days. 7% = 7 ÷ 100 Day 1: Commission = 7 ÷ 100 x 3200 = £224 Day 2: Commission = 7 ÷100 x 800 = £56
Commission Now try Ex 6.1 Ch3 Page 49