1. Commission SWBAT find the amount of commission; find the commission rate; find the total sales; compare commissions when the total sales and commissions are given

2. Definitions Commission The amount of money earned for selling goods or services The amount of money earned for selling goods or services Commission rate The percent of the total amount of goods or services sold that is earned by the seller The percent of the total amount of goods or services sold that is earned by the seller Total sales The total amount of goods or services sold The total amount of goods or services sold

3. Examples 6% commission on $25,000 in sales 6.2% commission on $48,200 in sales $1755 earned on $92,000 in sales $4936 earned on $36,000 in sales $3480 earned with 10% commission rate $720.76 earned with 3.7% commission rate

4. Examples Ms. Spann sold a condominium for $380,000 at a commission of 9%. Ms. Lee sold a condominium for $440,000 at a commission rate of 7.5%. Which real estate agent earned more money?

5. Try These 5% commission rate on $12,000 in sales x/12000 = 5/100 x/12000 = 5/100 100x = 60000 100x = 60000 X = $600 X = $600 $370 earned on $7400 in sales 370/7400 = x/100 370/7400 = x/100 37000 = 7400x 37000 = 7400x X = 5% X = 5% $26 earned with a 4% commission rate 26/x = 4/100 26/x = 4/100 2600 = 4x 2600 = 4x X = $650 X = $650