Question 1208891
If the complex sells at $900,000 the commission will be $45,000, which relative to the selling price is
{{{"$45,000"/"$900,000"=5/100=0.05="5.00%"}}} .
For every $1 above $900,000 the agent gets paid 25% of that $1, $0.25, making t percentage increase continuously up to the maximum percentage for a selling price of $1,100,000.
If the complex sells at $1,100,000 the commission will be
{{{"$45,000"+(25/100)("$1,100,000"-"$900,000")="$45,000"+0.25*"$200,000"="$45,000"+"$50,000"="$95,000"}}}, which relative to the selling price is
{{{"$95,000"/"$1,100,000"="8.636363...%"="8.64%(rounded)"}}} 
 
The agent’s commission varies from {{{"5.00%"}}} to {{{"8.64%"}}} as a percent of the selling price?