Question

Casey is a real estate agent. She earns 8.15% commission on each sale she makes. After working with a potential buyer for 3.5 months, she finally sold a house for $877,000. What did casey earn in commissions for this sale

Answer 1

Casey earned $71,475.50 in commissions for this sale

Explanation:

Percentages

To find a percentage of a given number, the procedure is multiplying the percentage by the number and divide by 100.

Casey earns 8.15% commission as a real estate agent on each sale she makes. When she finally sold a house for $877,000, her commission is calculated as follows:

commission = 8.15*877,000/100 = 71,475.5

Casey earned $71,475.50 in commissions for this sale