Real Estate Math
A salesperson earns a 6% commission on a $275,000 sale. The salesperson's broker takes 40% of the commission. How much does the salesperson receive?
A$6,600
B$9,900✓ Correct
C$16,500
D$11,000
Explanation
Total commission = 6% × $275,000 = $16,500. Broker keeps 40% = $6,600. Salesperson receives 60% = $16,500 × 0.60 = $9,900.
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