Real Estate Math
A Wyoming salesperson earns a 2.5% commission on a $550,000 sale and splits 40% with the broker. How much does the salesperson keep?
A$7,500
B$8,250✓ Correct
C$9,000
D$13,750
Explanation
Total commission = $550,000 × 2.5% = $13,750. Salesperson keeps 60% = $13,750 × 0.60 = $8,250. To solve this, multiply the relevant values: $550,000 at 2.5%.. The correct answer is $8,250.. This is a common calculation on the Wyoming real estate exam.
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