{"id":272008,"date":"2025-07-26T09:10:23","date_gmt":"2025-07-26T09:10:23","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=272008"},"modified":"2025-07-26T09:10:25","modified_gmt":"2025-07-26T09:10:25","slug":"you-expect-between-8-and-10-commission-on-each-new-deal","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/07\/26\/you-expect-between-8-and-10-commission-on-each-new-deal\/","title":{"rendered":"You expect between 8% and 10% commission on each new deal"},"content":{"rendered":"\n

You expect between 8% and 10% commission on each new deal.
How would you calculate your minimum expected commission for your latest deal, which closed for $30,000?
A 0.1 \u00d7 $30,000
B 0.08 \u00d7 $30,000
C (0.1 + 0.08) *\\$30,000
D 0.8 \u00d7 $30,000
E (0.1 + 0.8) *\\$30,000<\/p>\n\n\n\n

The correct answer and explanation is:<\/mark><\/strong><\/p>\n\n\n\n

The correct answer is B 0.08 \u00d7 $30,000<\/strong>.<\/p>\n\n\n\n

To calculate the minimum expected commission on a deal that closed for $30,000, you need to use the lower end of the commission range, which is 8% (or 0.08).<\/p>\n\n\n\n

Here’s how you would do the calculation:<\/p>\n\n\n\n

    \n
  1. The commission rate is between 8% and 10%, so the minimum commission rate is 8% (0.08).<\/li>\n\n\n\n
  2. To calculate the commission, you multiply the deal amount by the commission rate:
    0.08\u00d730,000=2,4000.08 \\times 30,000 = 2,400.<\/li>\n\n\n\n
  3. This means the minimum commission expected from the $30,000 deal is $2,400.<\/li>\n<\/ol>\n\n\n\n

    Thus, B<\/strong> is the correct answer because it uses the lower commission percentage (8%) and applies it to the $30,000 deal amount. Other options are incorrect because:<\/p>\n\n\n\n

      \n
    • A<\/strong> uses 10% instead of 8% (0.1 \u00d7 $30,000).<\/li>\n\n\n\n
    • C<\/strong> adds both commission rates (10% + 8%) and applies them together, which is not appropriate for calculating the minimum expected commission.<\/li>\n\n\n\n
    • D<\/strong> and E<\/strong> involve incorrect commission rates of 0.8 or 0.18, which do not fit the given commission range.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

      You expect between 8% and 10% commission on each new deal.How would you calculate your minimum expected commission for your latest deal, which closed for $30,000?A 0.1 \u00d7 $30,000B 0.08 \u00d7 $30,000C (0.1 + 0.08) *\\$30,000D 0.8 \u00d7 $30,000E (0.1 + 0.8) *\\$30,000 The correct answer and explanation is: The correct answer is B 0.08 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-272008","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/272008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=272008"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/272008\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=272008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=272008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=272008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}