Question

At a real estate​ agency, an agent sold a house for ​$375,000. The commission rate is 6.5​% for the real estate agency and the commission rate for the agent is 25​% of the amount the real estate agency gets. How much did the agency make on the​ house? How much did the agent earn in​ commission?

Answer 1

The real estate agency made $24,375 on the house. The agent earned $6,093.75 in commission.