At a real estate agency, an agent sold a house for $375,000. The commission rate is 6.5% for the real estate agency and the commission rate for the agent is 25% of the amount the real estate agency gets. How much did the agency make on the house? How much did the agent earn in commission?
1 answer
The real estate agency made $24,375 on the house. The agent earned $6,093.75 in commission.
3 answers