Question

A real estate agent earns a weekly salary of $200. this week, the agent sold a home for $120,000 and was paid a 5.5% commission. Find the agents earnings for the week.

A. $6,611
B. $6,800
C. $661.10
D. $860

Answer 1

A real estate agent earns a weekly salary of $200. this week, the agent sold a home for $120,000 and was paid a 5.5% commission. Find the agents earnings for the week.

A. $6,611
☆☆☆☆☆☆☆☆B. $6,800
C. $661.10
D. $860

Answer 2

Option B. $6800

Explanation:

A real state agent earns a weekly salary of $200.

This week agent sold a home for $120000 and earned a commission of 5.5%.

So weekly earnings of the agent = weekly salary + commission on the sales of a home

= $200 + 5.5% of 120000

=
`200+((5.5)/(100))(120000)`

=
`200+(5.5)(1200)=200+6600`

= $6800

Therefore agent's earning for the week was $6800.

Option B. $6800 is the answer.