Question

Brian is a real estate agent. He makes a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was Brian’s total commission on these three sales?.

Answer 1

$14,325.00

Explanation:

-Given that Brian has 2.5% commission rate per house sold.

-The total commission earned is the product of the commission rate by the sum of the prices of total houses sold:

`Commission=Commission \ Rate * \sum{House \ Prices}\\\\=0.025(153000+299000+121000)\\\\=14325.00`

Hence, the total commission earned on the 3 sales was $14,325.00