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3 years ago

15

A man sold his house for $125,000. After paying he broker his commission, the man received $116,875. What was the broker’s commi

ssion percentage?

1 answer:

PilotLPTM [1.2K]3 years ago

4 0

116875 = (x / 100) * 125000

116875 = x * 125000 / 100

116875 = 1250x (The zeros get cancelled)

Therefore, x = 116875/1250 = 187/2 = 93.5%

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