Real Estate Math
A South Dakota broker's office policy pays salespersons 65% of the office's half of the commission. On a $500,000 sale at 6% total commission, what does the salesperson receive?
A$9,750✓ Correct
B$19,500
C$8,288
D$13,000
Explanation
Total commission = $500,000 × 6% = $30,000. Office's half = $30,000 ÷ 2 = $15,000. Salesperson's share = $15,000 × 65% = $9,750.
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