Real Estate Math
A Montana broker listed a property at $175,000 and it sold for $168,000. The commission rate is 6%. What is the total commission paid?
A$10,500
B$10,080✓ Correct
C$9,800
D$11,000
Explanation
Commission is based on the actual sale price: $168,000 x 0.06 = $10,080. To solve this, multiply the relevant values: $175,000 and $168,000 at 6%.. The correct answer is $10,080.. This is a common calculation on the Montana real estate exam.
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