Question

Mrs. Hamilton worked for a real estate agency. She sold a house for 175,000 dollars. The agency's fee for the sale was 4% of the sale price. Mrs. Hamilton received 4,725 dollars of the agency's fee as her commission. What percent of the agency's fee did Mrs. Hamilton receive? Round your answer to the nearest tenth of percent.

Answer 1

So first, how much did the agency get?

Take the sales prices and multiply by 4 percent. Once you get that figure then take how much she got and divide by this number. That is your answer.