101k views
3 votes
A man sold his house for $125,000. After paying the broker his commission, the man received $116,875. What was the broker’s commission percentage?

User Dar Hamid
by
5.6k points

2 Answers

4 votes
93.5% Commission Percentage.
User Quins
by
5.5k points
6 votes

125,000 - 116875 = 8,125

8,125 / 125000 = 0.065

0.065 x 100 = 6.5%

User Ehc
by
6.5k points