Real Estate Math
A salesperson earns a 3% commission on the sale of a $380,000 property. The salesperson's broker takes a 40% split of the commission. How much does the salesperson keep?
A$5,400
B$6,840✓ Correct
C$9,120
D$11,400
Explanation
Total commission = $380,000 × 3% = $11,400. Broker's split = $11,400 × 40% = $4,560.
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