Real Estate Math

A Pennsylvania salesperson earns a 60% split of a 5% commission on a $380,000 sale. How much does the salesperson earn?

A$11,400✓ Correct

B$19,000

C$9,500

D$7,600

Explanation

Total commission = $380,000 × 5% = $19,000. Salesperson's share = $19,000 × 60% = $11,400.

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