Question

A real estate agent earns 3% commission for the sale of a $575,000 home. What is the commission earned?

Answer 1

Step-by-step explanation:

For the real estate agent: To find percent of a number, you can just divide by 100 and times it by the percent number, in this case it is 3.

$575,000 / 100 = $5,750

$5750 * 3 = $17,250

The agent earns $17,250.

For the computer store: Use the percentage and multiply it by 0.45, or whatever the percentage is.

150 * 0.45 = 67.5. This is the markup.

Now add the original value back to the markup.

150 + 67.5 = 217.5. This is the selling price of the computer.

For the video game: Use the percentage and multiply it by 0.25, or whatever the percentage is.

$55 * 0.25 = $13.75. This is the discount.

Now subtract the discount from the first value.

$55 - $13.75 = $41.25. This is the sale price.