Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

At a real estate agency, an agent sold a house for $311,000. The commission rate is 4.6% for the real
ostate agency and the commission rate for the agent is 25% of the amount the real estate agency
goto How much did the agency make on the hous? How much did the agent cam in commission?


Sagot :

9514 1404 393

Answer:

  • agency: $14,306
  • agent: $3,576.50

Step-by-step explanation:

The agency's commission was ...

  0.046 × $311,000 = $14,306

The agent's commission was ...

  0.25 × $14,306 = $3,576.50

__

The agency made $14,306; the agent earned $3,576.50.