Question

A company receives 10% comission on houses sold. Marge sold a house for 180,000, and she gets 1/4 of the company's comission. How much comission doe marge receive?

Answer 1

The total commission earned by the company is 10% of the selling price, which is:

0.10 x $180,000 = $18,000

Marge receives 1/4 of the company's commission, which is:

(1/4) x $18,000 = $4,500

Therefore, Marge receives $4,500 in commission.