A house sold for $200,000 and the real estate agent earned a commission of $10,200.00. Find the comm | MathCelebrity Forum

A house sold for $200,000 and the real estate agent earned a commission of $10,200.00. Find the comm

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math_celebrity

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A house sold for $200,000 and the real estate agent earned a commission of $10,200.00. Find the commission rate.

Commission Rate = 100 * Commission Amount / Sale Price
Commission Rate = 100 * 10200/20000
Commission Rate = 100 * 0.051
Commission Rate = 5.51%
 
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