A broker has agreed to pay a 6% commission, with 60% going to the selling broker after a house is sold for $193,950. How much will the selling agent make?

A broker has agreed to pay a 6% commission, with 60% going to the selling broker after a house is sold for $193,950. How much will the selling agent make?

• A. $2,327.40
• B. $2,909.25
• C. $3,491.10
• D. $4,189.32

Answer: (C)

To determine how much the selling agent will earn from the commission after the sale of the house, we start by calculating the total commission based on the selling price. The house is sold for $193,950, and the commission rate agreed upon is 6%. First, we calculate the total commission: Total Commission = Selling Price × Commission Rate Total Commission = $193,950 × 0.06 Total Commission = $11,637 Next, we need to find out how much of this commission will go to the selling broker. Since 60% of the total commission is allocated to the selling broker, we calculate that amount: Selling Broker's Share = Total Commission × Percentage for Selling Broker Selling Broker's Share = $11,637 × 0.60 Selling Broker's Share = $6,982.20 However, it seems there is an error in the choices provided, as none of them reflect this calculation. This could indicate that there was a mistake in choosing the selling agent's share in the correct context, or the calculations considered other variables not presented in the question. In conclusion, the correct approach to deriving the selling agent's earnings involves understanding both the total commission calculated from the sales price based on the

To determine how much the selling agent will earn from the commission after the sale of the house, we start by calculating the total commission based on the selling price. The house is sold for $193,950, and the commission rate agreed upon is 6%.

First, we calculate the total commission:

Total Commission = Selling Price × Commission Rate

Total Commission = $193,950 × 0.06

Total Commission = $11,637

Next, we need to find out how much of this commission will go to the selling broker. Since 60% of the total commission is allocated to the selling broker, we calculate that amount:

Selling Broker's Share = Total Commission × Percentage for Selling Broker

Selling Broker's Share = $11,637 × 0.60

Selling Broker's Share = $6,982.20

However, it seems there is an error in the choices provided, as none of them reflect this calculation. This could indicate that there was a mistake in choosing the selling agent's share in the correct context, or the calculations considered other variables not presented in the question.

In conclusion, the correct approach to deriving the selling agent's earnings involves understanding both the total commission calculated from the sales price based on the