PERCENTAGES AND MONEY:
CALCULATING A COMMISSION

CALCULATING A COMMISSION LESSON PLAN

 

Teaching Materials

• Lesson - Calculating a Commission Lesson (see below for printable lesson).

Lesson Excerpt:

What is a commission?
A commission is an amount of money that someone is paid when they sell something.  It is usually a percent of the sale that has been made. Many people work “on commission.”  Sales persons and real estate agents often work on commission.

How can I calculate a commission?
Calculating a commission involves using percentages and mathematics.  Usually, you will hear about a percent that a person will make for a commission.  Then you take the sale price or the total sales and use the percentage to calculate the commission.
Let’s look at an example to better understand this:

Example
Jeff works as a real estate agent.  He has just sold a house that was $230,000.  If Jeff makes a 3% commission, how much money did he make when he sold the home?

To figure this out, we are going to need to multiply. We want to find a percent of a number.  When we find a percent of a number, it means multiplication. Our key word is “of”.  When you see the word “of” in a problem it means multiply.

The first thing that we need to do is to convert the percentage to a decimal.

Continued...

 

 

Lesson Printable Materials - Worksheets

Print out the teaching lesson pages and exercise worksheets for use with this lesson:
  

CALCULATING COMMISSION
	Calculating a Commission Lesson * Printable lesson worksheet and activity.

 

 

 

 

 

 

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