Question

Jackie is a real estate agent and earns 4% commission on the houses she sells. How much commission would Jackie make when she sold a $250,000 home?

a. $2,500
b. $4,000
c. $10,000
d. $25,000

Answer 1

Jackie would earn a commission of $10,000 for selling a home priced at $250,000, calculated by multiplying the sale price by her commission rate of 4%.

Step-by-step explanation:

The question at hand involves calculating the commission earned by a real estate agent on the sale of a house, which is a practical application of percentages within the realm of mathematics. Jackie, a real estate agent, earns a 4% commission on the total sale price of the houses she sells. To compute her commission for selling a $250,000 home, we use the following steps:

1. 
   
3. Multiply the total sale price of the home by the percentage of the commission to convert the percentage into a decimal: 0.04 * $250,000.
4. 
   
6. Perform the multiplication: 0.04 * $250,000 = $10,000.

Therefore, Jackie would earn $10,000 in commission on the sale of a $250,000 home. This aligns with the third option 'c' in the multiple-choice answers provided.