Question

You sell your house at 95.7% of the list price. What was the amount of sales commission if the commission percentage is 3.75% and the list price of the house was $ 182 500?

a. 6449.74

b. 6549.47

c.6149.47

d.6149.74

e.6449.47

Answer 1

Explanation:

95.7 % of list price, 182500 is

.957 * 182500 = $ 174 652 .50

3.75% commission on this 174 653.50 is

.0375 * 174653.5 = $ 6549.47