Real Estate Math
A salesperson earns 60% of the total 5% commission on a $380,000 sale. How much does the salesperson earn?
A$9,120
B$11,400✓ Correct
C$19,000
D$22,800
Explanation
Total commission = $380,000 × 0.05 = $19,000. Salesperson share = $19,000 × 0.60 = $11,400. To solve this, multiply the relevant values: $380,000 at 60%.. The correct answer is $11,400.. This is a common calculation on the New Hampshire real estate exam.
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