SOLUTION: At Jones Realty each sale of a house results in 8% of the selling price being paid to the business. The selling agent then receives 70% of that amount as commission. If an agent se
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Question 133292This question is from textbook Fundamentals of Algebric Modeling
: At Jones Realty each sale of a house results in 8% of the selling price being paid to the business. The selling agent then receives 70% of that amount as commission. If an agent sells a house for $225,000, what is the commission on the sale?
My answer is: $225,000(.07) = 15,750 This question is from textbook Fundamentals of Algebric Modeling
You can put this solution on YOUR website! The sales person gets 70% of 8%. So they will get = of the sales price
225000*0.056 = 12600
Not a bad day's work:)
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