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"Susanna sells a lot for $45,400. She netted $41,428 after paying a broker’s commission. What was her rate of commission? (Hint: Before you find the rate of commission, you…

"Susanna sells a lot for $45,400. She netted $41,428 after paying a broker’s commission. What was her rate of commission? (Hint: Before you find the rate of commission, you…
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"Susanna sells a lot for $45,400. She netted $41,428 after paying a broker’s commission. What was her rate of commission? (Hint: Before you find the rate of commission, you must find the amount of commission.)"

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User Severine
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1 Answer

3 votes
The amount of commission Susanna paid was $4,972. Her rate of commission was 10.9%.
answered
User Jedwards
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8.0k points
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