SOLUTION: 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

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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) About Me  (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
:)