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Dontae is a realtor earned $11,250 commission on the sale of a $375,000 house what is his rate of commission

User Yomar
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1 Answer

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Final answer:

To calculate Dontae's commission rate, divide his commission earned by the sale price of the house and multiply by 100. The calculation shows Dontae's commission rate is 3%.

Step-by-step explanation:

The question involves calculating the rate of commission that Dontae, a realtor, earned from selling a house. To find the commission rate, we need to use the following formula:

Commission Rate = (Commission Earned ÷ Sale Price) × 100

Substituting the given values into this formula, we get:

Commission Rate = ($11,250 ÷ $375,000) × 100

Performing the division and multiplication:

Commission Rate = (0.03) × 100

Commission Rate = 3%

Therefore, Dontae's commission rate is 3% on the sale of the house.

User Rsano
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