Enter the total sales ($) and the commission rate (%) into the Calculator. The calculator will evaluate the Gross Commission Income.
Gross Commission Income Formula
GCI = S * CR/100
Variables:
- GCI is the Gross Commission Income ($)
- S is the total sales ($)
- CR is the commission rate (%)
To calculate Gross Commission Income, multiply the total sales by the commission rate.
How to Calculate Gross Commission Income?
The following steps outline how to calculate the Cross Commission Income.
- First, determine the total sales ($).
- Next, determine the commission rate (%).
- Next, gather the formula from above = GCI = S * CR/100.
- Finally, calculate the Gross Commission Income.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
total sales ($) = 500,000
commission rate (%) = 5
