The sale price be if the total commission was $9,000 would be $165000.
<h3><u>
What is commission?</u></h3>
- A type of variable-pay compensation for goods or services sold are commissions.
- Salespeople are frequently encouraged and rewarded with commissions.
- Additionally, commissions can be created to promote particular sales habits.
- For instance, commissions may be decreased while providing significant discounts.
- Or commissions might be raised when promoting particular goods that the company wishes to sell.
- The framework of a sales incentive programme, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products).
- As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue.
The broker's 6% commission came to $7,200 (.06 x $120,000). Subtracted from the total commission of $9,000, it leaves an additional balance of $1,800.
Since that portion was paid at the rate of 4%, dividing $1,800 by .04 yields the home's second cost component of $45,000. Add that to $120,000 and the home's total selling price was $165,000.
Know more about commission with the help of the given link:
brainly.com/question/20987196
#SPJ4
