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Mathematics 15 Online
OpenStudy (anonymous):

MEDAL+FAN!! Nick sells real estate. He earns 6% straight commission on each sale. He recently sold a house for $280,000 What was his commission? (I am horrible at dealing with commission stuff)

OpenStudy (anonymous):

Here you are given a percentage, but it's always better to see it as a decimal. 6%=0.06. Now it states that he earns 0.06 OF the amount that he sells a house for! How can we represent an 'of' statement? For example, if I say, I want 1/2 of something, what do I do?

OpenStudy (anonymous):

So would you multiply $280,000 by 0.06? That got me $16,800....

OpenStudy (anonymous):

Yep! That's how much he earned from selling that house. He sells real estate, but he doesn't own the house. He helps sell the house, and he earns 0.06 of what that house sold for.

OpenStudy (anonymous):

Thanks!

OpenStudy (anonymous):

No problem :)

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