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2015-11-04T11:25:18+08:00

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Given the rate of commission, and the total sales:

1)  If the commission is based on the total sales, then solve for the commission using this formula:
Commission = (rate of commission in percent ÷ 100) (total sales)

2)  Find net proceeds in two different ways:
a.  Net proceeds = (Total Sales) - [ (rate of commission/100) (Total Sales)
b.) Net proceeds = [ (100 - rate of commission) / 100) ] ( Total Sales)
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