Real Estate Math
A Michigan agent's commission split with the broker is 55% agent / 45% broker. On a $12,000 commission, how much does the broker keep?
A$5,400✓ Correct
B$6,600
C$7,200
D$4,800
Explanation
Broker's share = 45% x $12,000 = $5,400. To solve this, multiply the relevant values: $12,000 at 55%..
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