Real Estate Math
A Missouri property sold for $320,000. The listing agent received 3% of the sale price as their brokerage's commission. How much did the listing brokerage receive?
A$6,400
B$9,600✓ Correct
C$12,800
D$19,200
Explanation
Listing brokerage commission = $320,000 x 3% = $9,600. To solve this, multiply the relevant values: $320,000 at 3%..
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