Real Estate Math
A salesperson earns 55% of the commission paid to their broker. If the broker received $9,750 on a sale, how much does the salesperson earn?
A$4,387.50
B$5,362.50✓ Correct
C$6,500.00
D$4,875.00
Explanation
Salesperson's share = $9,750 × 55% = $5,362.50. To solve this, multiply the relevant values: $9,750 at 55%.. The correct answer is $5,362.50.. This is a common calculation on the Alabama real estate exam.
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