Question

8. Marcy is a real estate agent. She sold a house for $356,700. Her commission from that sale was $12,484.50. What is her commission rate?

Answer 1

Marcy is a real estate agent. She sold a house for $356,700. Her commission from that sale was $12,484.50. What is her commission rate?​

we have that

$356,700 represent 100%

so

applying proportion

Find out how much percentage represent $12,484.50

100/356,700=x/12,484.50

solve for x

x=(100/356,700)*12,484.50

x=3.5%

therefore

the answer is 3.5%