Real Estate Math
A salesperson earns 50% of the commission from a sale where the total commission at 5.5% is $24,750. What does the salesperson earn?
A$10,500
B$11,250
C$12,375✓ Correct
D$14,500
Explanation
Salesperson's share = $24,750 × 0.50 = $12,375. To solve this, multiply the relevant values: $24,750 at 50%.. The correct answer is $12,375.. This is a common calculation on the Connecticut real estate exam.
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