Real Estate Math
A seller in Tulsa accepts an offer $12,000 below the list price of $268,000. The commission rate is 6%. What is the commission on the actual sale price?
A$15,360✓ Correct
B$16,080
C$14,400
D$15,000
Explanation
Sale price = $268,000 - $12,000 = $256,000. Commission = $256,000 x 6% = $15,360.
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