Real Estate Math
A Hawaii agent earns $22,500 on a transaction and their split is 70% to the agent. What was the total commission, and what does the broker retain?
A$9,643.0000000000000000000000000000000✓ Correct
BB. Total: $31,500; Broker: $9,000
CC. Total: $33,000; Broker: $10,500
DD. Total: $30,000; Broker: $7,500
Explanation
Agent receives 70%: $22,500 = 70% × Total. Total = $22,500 / 0.70 = $32,142.86 ≈ $32,143. Broker keeps 30%: $32,143 × 0.30 = $9,643.
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