Real Estate Math
A listing agent earns 60% of the total 6% commission on a $180,000 sale. How much does the listing agent earn?
A$5,400
B$6,480✓ Correct
C$7,200
D$10,800
Explanation
Total commission = $180,000 × 0.06 = $10,800. Listing agent's share = $10,800 × 0.60 = $6,480. To solve this, multiply the relevant values: $180,000 at 60%.. The correct answer is $6,480.. This is a common calculation on the Kentucky real estate exam.
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