A few days ago
The Boy Next Door

For mathemagicians only!?

The amount of commision earned by an estate agent on selling property is as follows: 5% on the first $8000; 3% on the next $42000; and 2% on the amount in excess of $50000. At those rates, how much commision does an estate agent receive on the sale properties that were brought at these prices:

(a) $260000 (b) $420000 (c)$895000?

Top 2 Answers
A few days ago
duliniyash

Favorite Answer

a) 5860

b)9060

C)18560

a) 8000*.05+42000*.03+210000*.02

=5860

b)8000*.05+42000*.03+370000*.02

=9060

c)8000*.05+42000*.03+845000*.02

=18560

0

A few days ago
Anonymous
a. 5720

b 9120

c 19620

1