Real Estate Math
A Kansas property sells for $167,500 with a 5.5% commission. How much is the total commission?
A$8,375
B$9,213✓ Correct
C$9,013
D$9,050
Explanation
$167,500 × 0.055 = $9,212.50 ≈ $9,213. To solve this, multiply the relevant values: $167,500 at 5.5%.. The correct answer is $9,213.. This is a common calculation on the Kansas real estate exam.
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