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26 April, 09:54

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. $30,780

G. $29,925

H. $108,571

J. $299,250

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  1. 26 April, 10:25
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    Answer: sales commission is $29,925

    Step-by-step explanation:

    Sales commission is said to be 5 1/4% of sales

    Sales is given to be $570,000

    From the information given, we convert 5 1/4% to proper fraction, then to decimal

    5 1/4% = 21/4% = 5.25%

    Therefore, 5.25% of $570,000

    = 5.25/100 * 570,000

    = 0.0525 x 570,000

    = $29,925
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