Suppose a commercial real estate agent earns a 5 1/4% commission. What is the commission on the sale of a $570,000 office building? *F. $30,780G. $29,925H. $108,571J. $299,250

llm

Answered on Fri Jul 22 2022

A commercial real state agent earns a 51/ 4% commission ,

= $570000(sales given )

So , first we have to convert 51/ 4% into its simplest form of fraction,

= 51 /4% = 21 /4% = 5.25%

Then we have to , calculate commission on $570000

= 5.25/100 * 570000

=$ 29925 ( sales commission)