cammyla
contestada

NEED ANSWERS NOW
Mr. Duke worked for a real-estate Agency. He sold a house for $225,000. The agency’s fee for the sale was 3% of the sale price. Mr. Duke received $3712.50 of the agency’s fee as his commission. What percent of the agency’s fee did Mr. Duke receive?

Respuesta :

Answer:

Mr. Duke received 1.65% percent of the agency's fee.

Step-by-step explanation:

Given:

Mr. Duke worked for a real-estate Agency.

He sold a house for $225,000. The agency’s fee for the sale was 3% of the sale price.

Mr. Duke received $3712.50 of the agency’s fee as his commission.

Now, to find the percent of the agency's fee Mr.Duke receive.

Mr. Duke sold house = $225,000.

Mr.Duke received = $3712.50.

So, to get the percent of agency's fee Mr. Duke receive:

[tex]\frac{3712.50}{225000} \times 100[/tex]

[tex]=0.0165\times 100[/tex]

[tex]=1.65\%.[/tex]

Therefore, Mr. Duke received 1.65% percent of the agency's fee.