Real Estate Math
An Alaska broker receives a 6% commission on a sale. The broker pays the listing salesperson 50% and the selling salesperson 40% of their respective halves. The sale price is $480,000. How much does the selling salesperson earn?
A$5,760✓ Correct
B$9,600
C$11,520
D$14,400
Explanation
Total commission = $480,000 × 6% = $28,800. Listing broker half = $14,400. Selling broker half = $14,400. Selling salesperson = $14,400 × 40% = $5,760.
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