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2 December, 08:58

20. At a real estate agency, an agent sold a house for $382,000. The commission

rate is 5.5% for the real estate agency. The commission for the agent is 30%

of the amount the real estate agency gets.

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Answers (1)
  1. 2 December, 12:16
    0
    The amount which real estate agency gets is $ 21,010.

    Step-by-step explanation:

    Given as:

    The selling price for a house = $ 382,000

    The commission rate for real estate agency = 5.5 %

    The commission rate for the agent = 30 %

    So, the commission which real estate agency get = 5.5 % of $ 382,000

    I. e the commission which real estate agency get = 0.055 * $ 382,000

    Or, the commission which real estate agency get = $ 21,010

    Again,

    The commission which agent get = 30 % of $ 382,000

    I. e the commission which agent get = 0.3 * $ 382,000

    Or, the commission which agent get = $ 114,600

    Hence The amount which real estate agency gets is $ 21,010. answer
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