If a band hires a manager for 15

Question

% commission, and their first “gig” pays the band $8,000
, how much commission will the manager receive from that contract?

Answer 1

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.