The percent of commission if Amy If she earns a $50 commission for sales of $1,000 is 5%.
This is a fee charged by an agent or broker for carrying out a transaction.
For instance, a reseller's commission:
The real-estate broker charged a four percent commission for their knowledge on bidding for commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfying deal with the seller in favour of the buyer.
Percent commission = Amount of commission / Total sales × 100
= 50 / 1000 × 100
= 0.05 × 100
Percent commission = 5%
Therefore, the percent of commission if Amy If she earns a $50 commission for sales of $1,000 is 5%.
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