Real Estate Math
A salesperson's income for the year totaled $78,000 in commissions. If the average commission per transaction was $6,500, how many transactions did they close?
A10
B12✓ Correct
C14
D15
Explanation
Number of transactions = $78,000 ÷ $6,500 = 12. Using the values given ($78,000, $6,500,), apply the appropriate formula.. The correct answer is 12.. This is a common calculation on the Georgia real estate exam.
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