Real Estate Math
A broker earns a 6% commission on a $280,000 sale. The broker retains 40% and pays the remaining 60% to the selling agent. How much does the selling agent earn?
A$6,720
B$10,080✓ Correct
C$11,200
D$16,800
Explanation
Total commission: $280,000 × 0.06 = $16,800.
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