GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to how much time is worked
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According to the level of output
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According to how many items are sold
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None of the above
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Detailed explanation-1: -The commission may be a specified percentage of the total sales, the number of customers, the salaries of recruited employees or client transactions. For instance, if your sales commission is 25% and you sell products worth ₹100, 000, the employer pays you ₹25, 000 as commission.
Detailed explanation-2: -A sales commission is the amount of compensation paid to a person based on the amount of sales generated. This is typically a percentage of sales, which is paid on top of a base salary.
Detailed explanation-3: -This is a very basic calculation revolving around percentages. Just take the sale price, multiply it by the commission percentage, and divide it by 100. An example calculation: a blue widget is sold for $70 . The salesperson works on a commission-he/she gets 14% out of every transaction, which amounts to $9.80 .
Detailed explanation-4: -Calculate the Gross Salary and then deduct the allowance/draw amount; or. Calculate the Allowance/draw amount and then add it to the gross salary. 16-Nov-2021