Real Estate Math (alternative)
A Maryland listing agent earns 60% of a 6% commission on a $275,000 sale. The agent's earnings are:
A$9,900✓ Correct
B$7,400
C$8,250
D$5,940
Explanation
Total commission = 6% × $275,000 = $16,500. Agent's share = 60% × $16,500 = $9,900. To solve this, multiply the relevant values: $275,000 at 60%.. The correct answer is $9,900.. This is a common calculation on the Maryland real estate exam.
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