a real estate agent sells two homes for $150,000 and $200,000 at 5% commission each. how much total…

a real estate agent sells two homes for $150,000 and $200,000 at 5% commission each. how much total commission? a) $10,500 b) $17,500 c) $10,000 d) $19,500

a real estate agent sells two homes for $150,000 and $200,000 at 5% commission each. how much total commission? a) $10,500 b) $17,500 c) $10,000 d) $19,500

Answer

Answer:

B. $17,500

Explanation:

Step1: Calculate first - home commission

$150000\times0.05 = 7500$

Step2: Calculate second - home commission

$200000\times0.05=10000$

Step3: Calculate total commission

$7500 + 10000=17500$