IF POSSIBLE CAN U GRAPH OR RATHER CALCULATE THE COMMISSION ON SALE . THE COMMISSION IS 6% ON ALL SALES THAT ARE LEAST 20% ABOVE COST
Of course! I can definitely help you calculate the commission on a sale. To do this, we need to know the sale price and the cost of the item.
First, let's calculate the minimum selling price that is 20% above the cost. We can do this by multiplying the cost by 1.2 (100% + 20%). This will give us the minimum sale price.
Next, we calculate the commission on the sale. The commission is 6% of the sale price.
Let's use an example to illustrate this calculation:
Let's say the cost of an item is $100. We want to find the commission on a sale.
1. Calculate the minimum sale price:
Minimum sale price = Cost × 1.2
Minimum sale price = $100 × 1.2 = $120
2. Calculate the commission:
Commission = Minimum sale price × 0.06
Commission = $120 × 0.06 = $7.20
Therefore, if the cost of the item is $100 and the sale price is at least $120, the commission on the sale would be $7.20.
You can use this formula and adjust the numbers accordingly to calculate the commission for any item with a cost and a sale price.