Commission Calculator

About Commission Calculator

The Commission Calculator is used to calculate how much commission you will earn from a sale.

Commission Definition

A commission is a fee paid to a person, a broker or other financial agent for negotiating a sale. The commission is usually a percentage of the selling price. The percentage is called the commission percentage or commission rate.

Formula

The commission based on a percentage of sales is calculated as following:

Commission = Sale amount × Commission percentage

See also:

• Combination Calculator

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