Question

Manny is a realtor and earns 3% commission on the sale of a house. If the house sells for $155,000, how much commission would he earn?

Answer 1

`\$4,650`

Explanation:

we know that

`3\%=3/100=0.03` ---> percentage in decimal number

The amount of the commission is equal to multiply the selling price of the house by the percentage of commission in decimal number

so

`\$155,000(0.03)=\$4,650`