Real Estate Math
A property in Indianapolis sells for $320,000. The listing broker charges a 6% commission split equally between buyer's and seller's brokers. How much does each broker receive?
A$9,600✓ Correct
B$19,200
C$12,800
D$16,000
Explanation
Total commission = 6% × $320,000 = $19,200. Split equally: $19,200 ÷ 2 = $9,600 per broker.
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