Real Estate Math
A broker receives a 6% commission on a $190,000 sale. The broker splits this 60/40 with the selling agent. How much does the selling agent receive?
A$4,560
B$5,320
C$6,840✓ Correct
D$7,980
Explanation
Total commission = $190,000 x 6% = $11,400. Selling agent's share (40%) = $11,400 x 0.
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