Real Estate Math
A Wisconsin agent earns a 2.5% commission on a $460,000 sale, and their broker receives 40% of that commission. How much does the agent keep?
A$6,900✓ Correct
B$8,050
C$8,625
D$9,200
Explanation
Total commission = $460,000 × 2.5% = $11,500. Broker's share = $11,500 × 40% = $4,600. Agent keeps = $11,500 - $4,600 = $6,900.
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