Real Estate Math
A Mississippi salesperson's commission is 3% of the sales price. If they sell a home for $310,000, their commission is:
A$9,300✓ Correct
B$8,000
C$10,000
D$9,000
Explanation
Commission = $310,000 × 3% = $9,300. To solve this, multiply the relevant values: $310,000, at 3%.. The correct answer is $9,300.. This is a common calculation on the Mississippi real estate exam.
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