Janice has a 6% commission rate on all her sales. If she sells $80,000 worth of merchandise in 1 month, what commission will she earn?
6% of $80,000 = 80000 x .06 = ?
480
48000
To calculate Janice's commission, you need to multiply the total sales amount by her commission rate. Let's break it down step by step:
1. Convert the commission rate from a percentage to a decimal. Janice's commission rate is 6%. You can do this by dividing the percentage value by 100: 6% ÷ 100 = 0.06.
2. Multiply the sales amount by the commission rate. Janice sold $80,000 worth of merchandise, so the calculation is as follows: $80,000 x 0.06 = $4,800.
Therefore, Janice will earn a commission of $4,800.