Real Estate Math
A South Carolina agent earns 2.4% on the purchase side of a $375,000 transaction. What is the commission?
A$8,250
B$8,750
C$9,000✓ Correct
D$9,250
Explanation
Commission = $375,000 × 2.4% = $375,000 × 0.024 = $9,000. To solve this, multiply the relevant values: $375,000 at 2.4%.. The correct answer is $9,000.. This is a common calculation on the South Carolina real estate exam.
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