Real Estate Math
A Kentucky real estate agent works for a brokerage that takes 30% of earned commissions. The agent sold a $400,000 home at 6% commission. How much does the agent receive?
A$14,000
B$16,800✓ Correct
C$18,000
D$19,600
Explanation
Total commission = $400,000 × 6% = $24,000. Agent keeps 70%: $24,000 × 70% = $16,800.
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