Solve.
-A house recently sold for $356,350. The commission rate on the sale is 5%. If a real estate agent is to receive 80% of the commission, find the amount received by the agent.

Name: Solve. -A house recently sold for $356,350. The commission rate on the sale is 5%. If a real estate agent is to receive 80% of the commission, find the amount received by the agent.
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Question

Quizplus · Accepted Answer

First, calculate the total commission: $356,350 * 5% = $17,817.50. Then, calculate the agent's share: $17,817.50 * 80% = $14,254.

Solve. -A House Recently Sold for $356,350. the Commission Rate on on the Sale