Question

Kristen is a real estate agent with a local real estate company. her commission on the sale of properties is 5.5%. if she sold a house that cost $136,000, what would be the commission that she earned?

a) $10,000
b) $11,000
c) $9,000
d) $11,500

Answer 1

Kristen earned a commission of $7,480.

Step-by-step explanation:

To calculate the commission earned by Kristen, we need to multiply the cost of the house by her commission rate. The commission rate is 5.5%, which can also be written as 0.055 in decimal form.

Commission = Cost of house * Commission rate

Commission = $136,000 * 0.055

Commission = $7,480

Therefore, Kristen earned a commission of $7,480.