Real Estate Math
A West Virginia listing agent charges a 6% commission on a sale price of $175,000. The agent's broker splits the commission 60/40 with the agent. How much does the agent earn?
A$4,200
B$6,300✓ Correct
C$7,200
D$10,500
Explanation
Total commission = $175,000 × 6% = $10,500. Agent's share = $10,500 × 60% = $6,300. To solve this, multiply the relevant values: $175,000 at 6%.. The correct answer is $6,300.. This is a common calculation on the West Virginia real estate exam.
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