To calculate Matt's commission, we need to multiply the sales amount by the commission rate.
Commission = Sales amount x Commission rate
Commission = £10,000 x 0.05
Commission = £500
Therefore, Matt's commission on £10,000 worth of sales is £500.
Matt is a salesperson selling holidays in the Caribbean. He gets paid a commission on his sales.
On £10 000 worth of sales he gets 5% commission. How much is that?
1 answer
1 answer