RiteshV91412 RiteshV91412
  • 31-10-2022
  • Mathematics
contestada

A real estate agent received $5,880 commission on a sale of an &84,000 home.what is the rate of commission

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AviyaQ688590 AviyaQ688590
  • 31-10-2022

As given by the question

There are given that the agent received $5880 commission on a sale of $84000.

Now,

The rate of commission is:

[tex]\begin{gathered} \frac{5880}{84000}\times100=0.07\times100 \\ =7\% \end{gathered}[/tex]

Hence, the rate of commission is 7%.

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