Question

A real estate agent works on a 9% commission. What is her commission on a house that she sold for $691,600? Follow the problem solving process and round youranswer to the nearest cent, if necessary

Answer 1

A 9% commission means that she will earn a commission equal to 9% of the entire value of the house.

Since the house was $ 691,600, we can simply take 9% of this value to calculate the commission.

To do this, we multiply the value for the percentage converted to decimals, that is:

`9\%=0.09`

So, the commission is:

`C=0.09\cdot691600=62244`

That is, the commission was $ 62,244.