Question 1117522: A real estate agent earned $4000 commission on a property sale of $200,000. What is her rate of commission? Found 2 solutions by stanbon, greenestamps:Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A real estate agent earned $4000 commission on a property sale of $200,000. What is her rate of commission?
Equation::
rate*200,000 = 4000
rate = 4000/200,000 = 4/200 = 2/100 = 0.02 = 2%
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Cheers,
Stan H.
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