Question

Charles sold $800,000 worth of real estate last month. His commission for the month was $16,000. what rate of commission discharge received

Answer 1

2%

Explanation:

lets assume his commission be x%

so ,

800000*x/100 = 16000

800000*x = 1600000

x= 1600000/800000

x=2

so rate of commission is 2%