Real Estate Math
A home sells for $320,000. The listing broker and selling broker each charge a 3% commission. What is the total commission paid?
A$9,600
B$12,800
C$19,200✓ Correct
D$16,000
Explanation
Total commission = $320,000 x 6% (3% + 3%) = $19,200. Each broker receives $9,600.
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