Real Estate Math
A Hawaii real estate agent's commission split with their broker is 60/40 (agent/broker). On a $600,000 sale at 5% commission, how much does the agent earn?
AA. $18,000✓ Correct
BB. $12,000
CC. $30,000
DD. $15,000
Explanation
Total commission = $600,000 × 0.05 = $30,000. Agent's share = $30,000 × 0.60 = $18,000. To solve this, multiply the relevant values: $600,000 at 5%.. The correct answer is A. $18,000.. This is a common calculation on the Hawaii real estate exam.
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