Question

A real estate broker sold your house for $189,000. The broker's commission was 4.5% of the selling price. How much would you get for the house after the commission is paid

Answer 1

180,495, because you take 4.5% and turn it in a decimal moving the decimal point 2 places to the left so it would be .045 x 189,000 = 8,505.
189,000 - 8,505 = 180,495

Answer 2

$ 1,80,495 would be paid for the house.

Explanation:

Given,

The selling price of the house = $ 189,000

While, the commission = 4.5% of the cost of the house

= 4.5 % of 189,000

`=(4.5* 189000)/(100)`

`=(850500)/(100)`

`=\$8505`

⇒ The final price of the house = The selling price of the house - commission

= $ 189,000 - $ 8505

= $ 1,80,495

Hence, $ 1,80,495 would be paid for the house.