A percentage fee of the sales price paid to a salesperson is known as a _______.

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Multiple Choice

A percentage fee of the sales price paid to a salesperson is known as a _______.

Explanation:
A commission is the amount a salesperson earns that's based on a percentage of the sale price. This setup ties earnings directly to how much is sold, rewarding higher sales. For example, earning 8% on a $1,000 sale gives $80. A tip is a gratuity for service, not typically tied to the sale price. A tax is money collected by the government, not paid to the salesperson. A fee is a charge for a service, often fixed rather than a percentage of the sale. So, the term that fits is commission.

A commission is the amount a salesperson earns that's based on a percentage of the sale price. This setup ties earnings directly to how much is sold, rewarding higher sales. For example, earning 8% on a $1,000 sale gives $80. A tip is a gratuity for service, not typically tied to the sale price. A tax is money collected by the government, not paid to the salesperson. A fee is a charge for a service, often fixed rather than a percentage of the sale. So, the term that fits is commission.

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