Real Estate Math
A Michigan salesperson earns a 60% split on a 6% commission on a $275,000 sale. What is the salesperson's gross commission?
A$9,900✓ Correct
B$16,500
C$6,600
D$11,000
Explanation
Total commission: $275,000 × 0.06 = $16,500. Salesperson's share: $16,500 × 0.60 = $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 Michigan real estate exam.
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