Real Estate Math
A broker earns a 6% commission on a $320,000 sale. The broker pays the selling salesperson 40% of the broker's share. If the commission is split 50/50 between listing and selling offices, how much does the selling salesperson earn?
A$3,840✓ Correct
B$5,760
C$7,680
D$9,600
Explanation
Total commission = $320,000 × 6% = $19,200. Selling office share = $19,200 ÷ 2 = $9,600. Salesperson's share = $9,600 × 40% = $3,840.
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