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A real estate agent earned ​$4800commission on a property sale of ​$240 comma 000.What is her rate of​ commission?

User Egyedg
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1 Answer

1 vote

Answer:

Her rate of commission is 2 percent

Step-by-step explanation:

Commission= $4800

Sale of property = $240,000

Rate of​ commission = (Commission/ Sale Of Property )* 100

Rate of​ commission= $ 4800/ $ 240,000 * 100

Rate of​ commission= 0.02 * 100

Rate of​ commission= 2%

The above solution can be checked by putting in the values of percent and commission

(Check)

2% of $ 240,000

= (2/100) * $ 240,000

= 2* $2400

= $ 4800

Thus 2 percent of $ 240,00 is equal to $ 4800

User PhilDin
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