Real Estate Math
A Mississippi sales associate earns 40% of the 3% commission paid to their broker on a $275,000 sale. The associate's earnings are:
A$3,300✓ Correct
B$3,600
C$4,500
D$2,750
Explanation
Total commission = $275,000 × 3% = $8,250. Associate's share = $8,250 × 40% = $3,300. To solve this, multiply the relevant values: $275,000 at 40%.. The correct answer is $3,300.. This is a common calculation on the Mississippi real estate exam.
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