Edgar is a real estate agent. He earns a 5% commission for every house he sells. Last month Edgar sold three homes. He sold one for $110,000, another for $65,000 and a third house for $78,000. How much did Edgar receive in commission by selling these three homes?​

Respuesta :

Summing up all the amount in commission made from the three sales we have

= 5500+3250+3900

=$12,650

Percentage of Amount

Given Data

  • Commission Rate = 5%

  • Amount made from $110,000

= 5/100*$110,000

= 0.05*$110,000

= $5500

  • Amount made from $65,000

= 5/100*$65,000

= 0.05*$65,000

= $3250

  • Amount made from $78,000

= 5/100*$78,000

= 0.05*$78,000

= $3900

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