Question

A real estate agent and $6300 commission on the property sale of $210,000 what is her rate of commission

Answer 1

3%

Explanation:

The rate of commission is basically the commission an agent gets divided by the total value of the property. That answer should be multiplied by 100, to get the percentage.

Let's do it.

6300/210,000 = 0.03

Now,

0.03 * 100 = 3

Hence, rate of commission is 3%