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Commission is earnings based on a percentage of the total amount of sales.
Definition commission math. So commission is a fee that is paid for a service and it s usually a percentage. A lot of times people who are in jobs that are sale jobs receive commissions and it s going to be a portion of the sale they make. Collection commission is typically set as a percentage on the amount that is. City gallery sold amanda s painting for 500 so amanda paid them a 10 commission of 50.
The percentage of premiums that an agent is owed for collecting life insurance policy premiums. A commission is generally a percentage of sales. How to use commission in a sentence. Hi my name is marija and today i m going to tell you what the term commission means in math.
The commission is a fee paid based on the percentage of sale made by an employee and it is differentiated from usual payment of salary. The real estate agent was hired by the stettnisch family to sell their house for a 5 sales commission. The real estate agent was hired by the stettnisch family to sell their house for a 5 sales commission. Commission a fee paid for services usually a percentage of the total cost.
To formally choose someone to do a special piece of work or to formally ask for a special piece.
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