Real Estate Math
A South Dakota salesperson earned a total of $48,000 in commissions last year. If the salesperson receives 60% of the gross commission, what were the total gross commissions generated?
A$28,800
B$80,000✓ Correct
C$96,000
D$72,000
Explanation
Total gross commissions = Salesperson's earnings ÷ Salesperson's split = $48,000 ÷ 0.60 = $80,000.
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