Mrs. Hamilton worked for a real estate agency. She sold a house for $250,000. The agency's fee for the sale was 5% of the sale price. Mrs. Hamilton received $5,500 of the agency's fee as her commission. What percent of the agency's fee did Mrs. Hamilton recieve? Round your answer to the nearst tenth of a percent.

Question

Averi Wilcox

19 February, 12:33

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Answers (1)

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Brendon Mathis · Answer 1

250,000 x 0.05 = 12,500

5500 / 12500 = 0.44

0.44 x 100 = 44%