Ricki Cohn Encyclopedia sales Commission rate: 11% Month’s sales: $2,550 What is the monthly commission?
0.11 * 2,550 = ?
To calculate the monthly commission, you would need to multiply the sales amount by the commission rate. In this case, the commission rate is 11% and the month's sales amount is $2,550.
To calculate the commission, follow these steps:
Step 1: Convert the commission rate to decimal form. Divide the commission rate by 100.
Commission rate = 11% = 11/100 = 0.11
Step 2: Multiply the sales amount by the commission rate.
Monthly commission = $2,550 x 0.11 = $280.50
Therefore, the monthly commission for Ricki Cohn's Encyclopedia sales would be $280.50.