Question

How much money in commission does a real estate agent who works on a 3% commission rate earn from a $240,000 sale?

Answer 1

$7,200.00

Explanation:

Set up a proportion: x/240,000 = 3/100

Then cross multiply 240,000 x 3 and divide by 100

Answer 2

Explanation:

Commission = 3% of 240,000

`=(3)/(100)*240000\\\\=3*2400`

= $ 7200