Intermediate Algebra (12th Edition)

Published by Pearson
ISBN 10: 0321969359
ISBN 13: 978-0-32196-935-4

Chapter 1 - Section 1.2 - Formulas and Percent - 1.2 Exercises: 51

Answer

$3\%$

Work Step by Step

To find the rate of commission, we divide earned commission ($\$6300$) by the property sale ($\$210,000$): $\frac{6300}{210000}=0.03=3\%$
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