Question

The listing and selling brokers agree to split a 7% commission fifty-fifty on a $96,900 lot sale. The listing broker is on a 30% commission and the broker working with the buyer will receive 35% of her side. How much will the selling broker earn from the sale?

Answer 1

1,187.03

Step-by-step explanation:

he listing and selling broker each get 50% of the 7 5 commission.

The commission equal 7/100 x $96,900

Each broker gets =3,391.5

The selling broker (broker working with the buyer) get 35 % of 3,391.5

=35/100 x 3,391.5

=1,187.025

=1,187.03