SOLUTION: A real estate agent earns $5000 on a sale of a $120,000 house. What would be the commission on a $200,000 house?

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Question 103224: A real estate agent earns $5000 on a sale of a $120,000 house. What would be the commission on a $200,000 house?
Answer by HyperBrain(694) About Me  (Show Source):
You can put this solution on YOUR website!
By ratio and proportion,

5000%2F120000=x%2F200000
120000x=5000%2A200000
x=8333.33
Therefore, he can earn a commission of approx. $8333.33