Real Estate Math
A listing agent earns 60% of a 6% commission on a $310,000 sale. What does the listing agent earn?
A$9,300
B$11,160✓ Correct
C$18,600
D$6,200
Explanation
Total commission = $310,000 x 6% = $18,600. Listing brokerage share = $18,600 x 60% = $11,160.
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