Real Estate Math
A broker charges a 5.5% commission on a $410,000 sale. The listing agent receives 60% of the listing side (which is half the commission). How much does the listing agent earn?
A$6,765✓ Correct
B$7,590
C$11,275
D$13,530
Explanation
Total commission = $410,000 × 5.5% = $22,550.
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