A house sold for $200,000 and the real estate agent earned a commission of $10,200.00. Find the comm

Discussion in 'Calculator Requests' started by math_celebrity, May 5, 2020.

Tags:
  1. math_celebrity

    math_celebrity Administrator Staff Member

    A house sold for $200,000 and the real estate agent earned a commission of $10,200.00. Find the commission rate.

    Commission Rate = 100 * Commission Amount / Sale Price
    Commission Rate = 100 * 10200/20000
    Commission Rate = 100 * 0.051
    Commission Rate = 5.51%
     
    math_celebrity, May 5, 2020
    #1

Share This Page