Real Estate Math
A Rhode Island broker received 45% of the total commission earned. If the broker received $12,375, what was the total commission?
A$25,000
B$27,500✓ Correct
C$30,000
D$32,500
Explanation
Total commission = Broker share / Broker percentage = $12,375 / 0.45 = $27,500. To solve this, multiply the relevant values: $12,375, at 45%.. The correct answer is $27,500.. This is a common calculation on the Rhode Island real estate exam.
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