Question
If a band hires a manager for 15
% commission, and their first “gig” pays the band $8,000
, how much commission will the manager receive from that contract?
% commission, and their first “gig” pays the band $8,000
, how much commission will the manager receive from that contract?
Answers
GPT-4o mini
To calculate the manager's commission, you can multiply the total amount paid to the band by the commission rate.
The formula is:
\[
\text{Commission} = \text{Total Pay} \times \text{Commission Rate}
\]
In this case, the total pay is $8,000 and the commission rate is 15%, or 0.15 in decimal form.
\[
\text{Commission} = 8000 \times 0.15 = 1200
\]
So, the manager will receive **$1,200** in commission from that contract.
The formula is:
\[
\text{Commission} = \text{Total Pay} \times \text{Commission Rate}
\]
In this case, the total pay is $8,000 and the commission rate is 15%, or 0.15 in decimal form.
\[
\text{Commission} = 8000 \times 0.15 = 1200
\]
So, the manager will receive **$1,200** in commission from that contract.