Real Estate Math
A property sells for $320,000. The listing broker charges a 6% commission, split equally between listing and buyer's broker. How much does each broker receive?
A$9,600✓ Correct
B$19,200
C$10,200
D$12,800
Explanation
Total commission = $320,000 × 6% = $19,200. Split equally: $19,200 ÷ 2 = $9,600 per broker. Each broker receives $9,600. The correct answer is A ($9,600).
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