Real Estate Math
A 6% commission on an $820,000 sale is split with the listing broker receiving 60% and the selling broker receiving 40%. How much does the selling broker receive?
A$49,200
B$29,520
C$19,680✓ Correct
D$24,600
Explanation
Total commission = $820,000 × 6% = $49,200. Selling broker's 40% share = $49,200 × 40% = $19,680.
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