Ahmed sells a house for $148 000 and earns 3% commision.
Question
Ahmed sells a house for $148 000 and earns 3% commision.
Solution
Sure, let's break it down step by step.
-
Determine the commission rate:
- Ahmed earns a 3% commission.
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Convert the percentage to a decimal:
- 3% = 3/100 = 0.03
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Calculate the commission amount:
- Commission = Sale price × Commission rate
- Commission = $148,000 × 0.03
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Perform the multiplication:
- Commission = 4,440
So, Ahmed earns a commission of $4,440.
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