Name ______Class ______Date ______

Aim: How do we calculate commission? (Day 2)

Warm up: How does discount affect commission?

Homework:

NOTES:

·  Discounts are applied ______

·  Taxes do not affect ______

Problem 1: Peter makes an 8% commission on every car he sells. Peter sold a car for $34,000 and charged a 9% tax. How much did he make in commission? / Problem 2: Tracy makes 6% commission on every house she sells. She listed a house for $405,000 and gave a 15 percent discount. How much did she make in commission?
Problem 3: Nick gave his customer a 15 percent discount on a car. The original price of the car was $ 30,000. Nick makes a 6 percent commission on each sale. NYS tax is 8 percent. How much is his commission?
Problem 1: Mike listed a house for $522,500. He gave his client a 15% discount. If Mike made a 6% commission on the sell of this house, what would Mike’s commission check be? / Problem 2: Mia showed a client a car for $42,000. She gave her client a 10% discount. If Mia earns an 8% commission for this sell, how much commission did Mia make?
Problem 3: Calculate the commission for each car.
Price / Discount / Commission
$45,000 / 10% / 5%
$25,000 / 5% / 8%
$32,000 / 12% / 10%
$50,500 / 15% / 12%
/ Problem 4: Calculate the commission for each boat.
Price / Discount / Commission
$75,000 / 10% / 5%
$55,000 / 5% / 8%
$42,000 / 12% / 10%
$30,500 / 15% / 12%
Problem 5: Ron gives a 10% discount on every boat he sells and a 20% discount on every car he sells.
·  Ron sold a $35,000 boat and a $46,000 car.
·  Ron earns 7% commission on his total revenue.
Ø  How much commission did Ron make off the sale of a boat and a car?
Challenge: Nicole earns a 20% commission on every car she sells. Sara came to buy a $40,000 jeep. Since she is a returning customer she received a 15% discount. After the discount was applied Sara had to pay 8.5% in taxes.
§  What is the sales price of Sara’s car?
§  What would Nicole’s commission check be?
§  How much tax will Sara have to pay?
§  How much is the final price of Sara’s car including tax?

WORK TIME: ALL WORK DONE ON LOOSELEAF

Vasti And Disponzio