Question
tom and joy split 6% commision on a house they sold for 120,000 how much did each recieve
Answers
GPT-4o mini
To find out how much Tom and Joy received from the 6% commission on the sale of a house for $120,000, follow these steps:
1. **Calculate the total commission**:
\[
\text{Total Commission} = \text{Sale Price} \times \text{Commission Rate}
\]
\[
\text{Total Commission} = 120,000 \times 0.06 = 7,200
\]
2. **Assuming Tom and Joy split the commission equally**:
\[
\text{Amount Each Received} = \frac{\text{Total Commission}}{2} = \frac{7,200}{2} = 3,600
\]
Therefore, each received **$3,600** from the sale. If they split it in a different ratio, please provide that information for a more tailored calculation.
1. **Calculate the total commission**:
\[
\text{Total Commission} = \text{Sale Price} \times \text{Commission Rate}
\]
\[
\text{Total Commission} = 120,000 \times 0.06 = 7,200
\]
2. **Assuming Tom and Joy split the commission equally**:
\[
\text{Amount Each Received} = \frac{\text{Total Commission}}{2} = \frac{7,200}{2} = 3,600
\]
Therefore, each received **$3,600** from the sale. If they split it in a different ratio, please provide that information for a more tailored calculation.