Real Estate Math
A salesperson earns 60% of the commission. The total commission on a $380,000 sale at 6% is split 50/50 between listing and selling offices. What does the salesperson earn?
A$6,840✓ Correct
B$11,400
C$13,680
D$7,800
Explanation
Total commission = $380,000 × 0.06 = $22,800. Selling office share = $22,800 ÷ 2 = $11,400. Salesperson's share = $11,400 × 0.60 = $6,840.
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