Real Estate Math
A salesperson's annual income is $72,000 from commissions. Their brokerage pays them 60% of the total commission on each sale. What was the total commission volume on which they were paid?
A$120,000✓ Correct
B$43,200
C$108,000
D$115,200
Explanation
If the salesperson earns 60% and received $72,000: Total commission = $72,000 / 0.60 = $120,000.
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