Real Estate Math
A Florida sales associate earned a 3% commission on a $380,000 sale. The sales associate receives 55% of the company's commission. What did the sales associate earn?
A$5,700
B$6,270✓ Correct
C$6,600
D$7,560
Explanation
Total commission = $380,000 × 3% = $11,400. Sales associate share = $11,400 × 55% = $6,270. To solve this, multiply the relevant values: $380,000 at 3%.. The correct answer is $6,270.. This is a common calculation on the Florida real estate exam.
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