The Chen family sold its house through a real estate agent for $330,000. If the real estate agent gets a 4.5% commission, how much did the Chen family have to pay her?

Question

Mercury · Answer

she's paid on commission, which means her pay is calculated as a percentage of the house price

in this case, her rate is 4.5% and the house costs $330,000

therefore, simply calculate 4.5% of 330,000 (or alternatively, (4.5/100) * 330,000)