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A real estate agent earns a monthly salary of $800. This month he sold one home for $350,000 and one home for $425,000. He is paid a commission rate of 5% for each home. What were his total earnings for
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Aug 8, 2023
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A real estate agent earns a monthly salary of $800. This month he sold one home for $350,000 and one home for $425,000. He is paid a commission rate of 5% for each home. What were his total earnings for the month?
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Answer: $39,550
Step-by-step explanation:
Given: Monthly salary = $800,
Sold two houses of rate $ 350000 and $425000
gains 5% for each house
5% of $350000 = $17,500
5% of $425000 = $21,250
Total earning = $800 + $17,500 + $21,250
= $39,550
AdSR
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Aug 13, 2023
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