Gross Commission Income Calculator

Formula

The formula to calculate the gross commission income (GCI) is:

\[ \text{GCI} = \text{S} \times \frac{\text{CR}}{100} \]

Where:

$\text{GCI}$ is the gross commission income ($)
$\text{S}$ is the total sales ($)
$\text{CR}$ is the commission rate (%)

What is Gross Commission Income?

Gross Commission Income (GCI) is the total income earned from commissions on sales. It is calculated by multiplying the total sales by the commission rate. This metric is commonly used in sales and real estate industries to determine the earnings from sales activities.

Example Calculation

Let's assume the following values:

Total Sales (S) = $100,000
Commission Rate (CR) = 5%

Using the formula to calculate the gross commission income (GCI):

\[ \text{GCI} = \text{S} \times \frac{\text{CR}}{100} = 100,000 \times \frac{5}{100} = 100,000 \times 0.05 = 5,000 \text{ dollars} \]

The gross commission income (GCI) is $5,000.