Real Estate Math
A South Dakota salesperson earns 3% of the sale price as their commission on a $390,000 property. How much does the salesperson earn?
A$7,800
B$11,700✓ Correct
C$15,600
D$9,750
Explanation
Commission = $390,000 × 3% = $390,000 × 0.03 = $11,700. To solve this, multiply the relevant values: $390,000 at 3%.. The correct answer is $11,700.. This is a common calculation on the South Dakota real estate exam.
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