Real Estate MathCommission_calculationsEASY
An agent received $7,200 as her share of a commission. She has a 60/40 split with her broker (agent gets 60%). What was the total commission paid to the brokerage?
Correct Answer
C) $12,000
Step 1: The agent's share is 60% of the brokerage's commission. Step 2: Brokerage commission = $7,200 ÷ 0.60 = $12,000.
Answer Options
A
$4,320B
$18,000C
$12,000D
$10,800Why This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Real Estate Math Question
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Background Knowledge for Real Estate Math
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Real World Application in Real Estate Math
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Related Topics & Key Terms
Key Terms:
commission_calculationscommissionreverse_splitbrokerage_math
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