Question 106306: At Jones Realty each sale of a house results in 6% of the selling price being paid to the business. The selling agent then receives 60% of that amount as commission. If an agent sells a house for $225,000, what is the commission on the sale?
Answer by elima(1433) (Show Source):
You can put this solution on YOUR website! At Jones Realty each sale of a house results in 6% of the selling price being paid to the business. The selling agent then receives 60% of that amount as commission. If an agent sells a house for $225,000, what is the commission on the sale?
First you need to find the amount the business receives;
225000(.06)=13500
Then from that amount the agent receives 60%;
13500(.60)=$8100
:)
|
|
|