Asked by Marco Victoria
A broker charged an average commission of 12 percent on two transactions: one for $600 and the other for $900. If his commission for the $900 transaction was 10 percent, what percent was his commission for the $600 transaction?
A) 1%
B) 12%
C) 13%
D) 14%
E) 15%
total amount is 600 + 900 =1500.
12% of 1500 = 180
10% 0f 900 is 90. so commission on 600 was 90
so 90/600 is 15%
so answer should be 15%.
A) 1%
B) 12%
C) 13%
D) 14%
E) 15%
total amount is 600 + 900 =1500.
12% of 1500 = 180
10% 0f 900 is 90. so commission on 600 was 90
so 90/600 is 15%
so answer should be 15%.
Answers
Answered by
Henry
Avg. = (10+x)/2 = 12. 10 + x = 24, X = 14%.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.