Real Estate Math
An agent earns a 6% commission. The listing sells for $195,000. The agent's broker keeps 45% of the agent's commission. How much does the agent net?
A$6,435✓ Correct
B$5,265
C$11,700
D$7,800
Explanation
Total commission = $195,000 × 6% = $11,700. Agent keeps 55% (broker takes 45%): $11,700 × 55% = $6,435.
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