Question

How much commission will Jack make on the sale of a $136,400 house if he receives 9.2% of the selling price?

A. $11,920.80
B. $12,544.80
C. $12,540.00
D. $12,560.80

Answer 1

Jack will make a commission of $12,548.80 on the sale of a $136,400 house at a rate of 9.2%, which is option B.

Step-by-step explanation:

To calculate the commission that Jack will make on the sale of a $136,400 house at a rate of 9.2%, you need to multiply the selling price by the commission rate. The calculation looks like this:

Commission = Selling Price × Commission Rate

Commission = $136,400 × 0.092

Commission = $12,548.80

Therefore, the commission that Jack will make on the sale of the house is $12,548.80, which corresponds to option B.