Question

A real estate agent earns 2.7% in commission on sales. If the agent had $3,827,820 in sales last year, approximately how much did the agent earn in commission?

Answers

GPT 3.5
To calculate the agent's commission earnings, you would multiply the sales amount by the commission rate:

Commission = Sales Amount * Commission Rate
Commission = $3,827,820 * 0.027
Commission = $103,299.54

Therefore, the real estate agent earned approximately $103,299.54 in commission last year.

Related Questions