Real Estate Math
A Michigan listing agent earns 60% of a 6% commission on a $250,000 sale. How much does the listing agent earn?
A$7,500
B$9,000✓ Correct
C$6,000
D$10,500
Explanation
Total commission = $250,000 × 6% = $15,000. Listing agent's share = $15,000 × 60% = $9,000. To solve this, multiply the relevant values: $250,000 at 60%.. The correct answer is $9,000.. This is a common calculation on the Michigan real estate exam.
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