Finance

Commission Calculator

Calculate sales commission.

Calculated Output

Commission ($) 350

Amount after commission ($) 4,650

Formula: commission = sale × rate ÷ 100

Step-by-Step Breakdown

1. Values used:

2. Sale amount = 5,000 $

3. Commission rate = 7 %

5. Commission = (5,000 / 100) x 7 = 50 x 7 = 350$

6. Amount after commission = 4,650$

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The math behind it

commission = sale amount × rate ÷ 100.

$5,000 at 7% → $350.

Tiered commission?

Apply each tier's rate to its portion and add them.