Real Estate Math
A New Mexico ranch property sells for $1,200,000. The real estate commission is 5%. What is the total commission?
A$55,000
B$60,000✓ Correct
C$65,000
D$72,000
Explanation
Commission = $1,200,000 x 5% = $60,000. To solve this, multiply the relevant values: $1,200,000 at 5%..
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