Real Estate Math
A Louisiana property sells for $320,000. The listing broker earns a 6% commission. The listing and selling sides split the commission equally. How much does the listing side receive?
A$9,600✓ Correct
B$19,200
C$12,800
D$6,400
Explanation
Total commission = $320,000 × 6% = $19,200. Split equally: $19,200 ÷ 2 = $9,600 per side. To solve this, multiply the relevant values: $320,000 at 6%.. The correct answer is $9,600.. This is a common calculation on the Louisiana real estate exam.
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