Calculate royalty percentage per transaction based on a cap

Calculate royalty percentage per transaction based on a cap

Postby Guest » Tue Jun 07, 2016 12:49 pm

I need to determine the Royalty Percentage per transaction in order to calculate the Royalty Amount per transaction. Example: Royalty Amount = (Gross Commission Amount x Royalty %)

The issue is that I have a Monthly cap for the Total Royalty Amount of $1.000.00 (per month). I can have one or more transactions in a month with various amounts of Gross Commission.
Guest
 

Re: Calculate royalty percentage per transaction based on a

Postby Guest » Thu Jun 09, 2016 5:28 am

Which comes first, the chicken OR the egg
Guest
 


Return to Word Problems



Who is online

Users browsing this forum: No registered users and 4 guests