Search 80,000+ tutors
Ask a question
0 0

Tamara is a real estate agent and makes 5% commission on her total sales. She sells a home that worth $350,000. What is her commission?

Tutors, please sign in to answer this question.

2 Answers

This is just a matter of converting 5% into a decimal =5/100 = .05. Take this value and multiply it by $350,000. The result is the amount of commission that Tamara made (.05)*350,000=$17,500
To make sure that this is correct we know that 10% of 350,000 is $35,000. Half of this value is equal to 5% and that is $17,500.