A real estate agent receives 4 1 % 2
commission on the sale of all property she handles. How much does she receive for a house she sells for $148 500?
It would help if you proofread your questions before you posted them. I assume you mean 4.5% commission.
148,500 * .045 = ?
To calculate the commission earned by the real estate agent, you need to find 4 1/2% of the sale price of the house.
Step 1: Convert the commission rate to decimal form
To convert 4 1/2% to decimal form, divide it by 100:
4 1/2% = 4.5 / 100 = 0.045
Step 2: Calculate the commission amount
Multiply the sale price of the house ($148,500) by the commission rate (0.045) to find the commission amount:
Commission amount = $148,500 * 0.045
Step 3: Calculate the final commission earned
Multiply the commission amount by 100 to convert it from decimal to percentage:
Final commission earned = Commission amount * 100
Let's calculate the commission:
Commission amount = $148,500 * 0.045 = $6,682.50
Final commission earned = $6,682.50 * 100 = $668,250
Therefore, the real estate agent receives a commission of $6,682.50 for selling the house.
To find out how much the real estate agent receives as a commission for selling a house, you can follow these steps:
1. Convert the percentage commission into decimal form. To do this, divide the percentage by 100.
For example, 4 1 % 2 can be written as 4.5 / 100 = 0.045.
2. Multiply the commission rate by the sale price of the house.
In this case, the commission rate is 0.045 and the sale price is $148,500.
So, you need to perform the calculation:
Commission = 0.045 * $148,500 = $6,682.50.
Therefore, the real estate agent will receive $6,682.50 as her commission for selling the house.