Real Estate Math
A Kansas property sells for $275,000. The broker charges a 6% commission. What is the total commission amount?
A$13,750
B$16,500✓ Correct
C$22,000
D$27,500
Explanation
Total commission = Sales price × Commission rate = $275,000 × 0.06 = $16,500. To solve this, multiply the relevant values: $275,000 at 6%.. The correct answer is $16,500.. This is a common calculation on the Kansas real estate exam.
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