Question

A company receives 10% commission on houses sold. Marge sold a house for $180,000, and she gets ¼

of the company’s commission. How much commission does Marge receive?

Answer 1

Marge's commission = $4500

Explanation:

Step 1: Determine how much commission the company receives:

We can determine how much commission the company receives by multiplying 0.10 (i.e., 10% as a decimal) by 18000:

Company commission = commission rate * house sale price

Company commission = 0.10 * 180000

Company commission = 18000

Thus, the company receives a commission of $18000.

Step 2: Determine how much commission Marge receives:

Now we can determine how much commission Marge receives by multiplying 0.25 (i.e., ,1/4 as a decimal) by 18000:

Marge's commission = commission rate * company commission

Marge's commission = 0.25 * 18000

Marge's commission = 4500

Thus, Marge receives a commission of $4500.