Answer:
4.0%
Step-by-step explanation:
Given that gross sale value = $364,583
And net sale value after commission = $350,000
The commission paid to the broker = $364,583 less $350,000 = $14,583.
Therefore the commission rate
=

= 14,583/364,583
= 4.0%.
The brokers commission is usually computed on the Gross Sale Value, and not the net sale value.