If the purchase price of a house is $78,000, and the commission is 6% andthe salesperson gets 40% of the total commission, how much is left for the broker?

Question

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Answer 1

Answer: $2,808

 

$78000 *.06 = $4,680  Since broker gets 60% of this commission you multiply $4,680 * .6 = $2,808.  The salesperson will get $4,680 *.4 = $1,872.