Question

A real estate agent received $5,880 commission on a sale of an &84,000 home.what is the rate of commission

Answer 1

As given by the question

There are given that the agent received $5880 commission on a sale of $84000.

Now,

The rate of commission is:

`\begin{gathered} (5880)/(84000)*100=0.07*100 \\ =7\% \end{gathered}`

Hence, the rate of commission is 7%.