Real Estate Math
A listing agent earns a 3% commission on a $340,000 sale. What is the listing agent's commission?
A$9,800
B$10,200✓ Correct
C$10,400
D$11,000
Explanation
Commission = $340,000 × 0.03 = $10,200. To solve this, multiply the relevant values: $340,000 at 3%.. The correct answer is $10,200.. This is a common calculation on the Indiana real estate exam.
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