BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Robert earns 3% commission on the sale of a $512, 800 home. What is his commission?
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$15, 384
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$1, 538, 400
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$153, 840
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170, 933.33
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Explanation:
Detailed explanation-1: -So the total value of the property is Rs. 14, 20, 000.
Detailed explanation-2: -In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee. For instance, in case there is a property deal of Rs. 1, 00, 00, 000, the broker would get Rs. 1, 00, 000 from the seller and Rs.
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