Question

20. At a real estate agency, an agent sold a house for $382,000. The commission rate is 4.5% for the real estate agency. The commission for the agent is 30%of the amount the real estate agency gets.( HURRY UPPPP PLSSSSSSSSS)

Answer 1

To calculate the commission for the real estate agency, we multiply the sale price by the commission rate. In this case, the commission rate is 4.5% and the sale price is $382,000. $382,000 * 4.5% = $17,190 So, the commission for the real estate agency is $17,190.The agent's commission is calculated as a percentage of the amount the real estate agency gets. In this case, the agent's commission rate is 30%. To find the agent's commission, we multiply the commission for the real estate agency by the agent's commission rate. $17,190 * 30% = $5,157 Therefore, the agent's commission is $5,157.

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Answer 2

Answer:

$5,157

Step-by-step explanation:

To calculate the commission for the agent, we need to follow these steps:

Find the commission earned by the real estate agency, which is the commission rate(4.5)% of the house's selling price:

$\text{Commission for the agency= commission rate of the house's selling price}$

$\text{Commission for the agency} = 4.5\% \times \ 382,000$

$\text{Commission for the agency} = 0.045 \times \ 382,000$

$\text{Commission for the agency} = \ 17,190$

Determine the amount the agent receives, which is 30% of the commission earned by the agency:

$\text{Commission for the agent} = 30\% \times \text{Commission for the agency}$

$\text{Commission for the agent} = 0.30 \times \ 17,190$

$\text{Commission for the agent} = \ 5,157$

Therefore, the commission for the agent is $5,157.