Question

A realtor sold a home for ​$341,100 The commission was 4​% of the sale​ price; however, the realtor receives only 60% of the commission while 40% of the commission remains with his broker. Find the amount of commission received by the realtor.

Answer 1

The relator recived $8,186.4

Explanation:

What you have to do is find the 60% of the commission. Commission is 4% of $341,100 (100%)

First do a cross multiplication to find 4% of $341,100

100% ___ $341,100

4%______x:

`x=(4*341,100)/100=13,644`

So, the 4% of $341,100 is $13,466

Now you have to find the 60% of $13,466

100% ___ $13,466

60%______x:

`x=(60*13,466)/100=8,186.4`

The answer is: $8,186.4