Question

Debby is a real estate agent and recently sold a $155,000 home. Five percent commission will be taken from the sale. Two percent will go to the broker, one percent will go the office assistant, and Debby will profit the remaining two percent. How much money will Debby profit for herself?

Answer 1

$150.35

Explanation:

Total commission taken from sale = $155,000 * 5% = $7,750.

Broker = $7,750 * 2% = $155.

Office assistant = $7,750 * 1% = $77.5.

Debby's profit = $7,750 - $155 - $77.5 = $7,517.5 * 2% = $150.35.