Real Estate Math
A salesperson earns a 2.5% co-op commission on a $320,000 sale. The broker takes 30% of the salesperson's commission. How much does the salesperson keep?
A$4,800
B$5,600✓ Correct
C$6,400
D$8,000
Explanation
Total co-op commission = $320,000 × 2.5% = $8,000.
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