Question

What was the full commission rate if Sarah was paid $3,152.50 on the sale of a $97,000 property? Sarah's agreement with her broker is half of the full commission.

Answer 1

6.5 %

Explanation:

Full commission would then be 2 * 3152.50 = 6305

Full commission percentage of sale is then:

6305 / 97000 * 100 % = 6.5 %