Given parameters:
Commission per sale = 8.15%
Cost of house sold = $877,000
Unknown:
Amount of commission earned = ?
Solution;
The amount of commissioned earned;
= Commission per sale x cost of house sold
= [tex]\frac{8.15}{100}[/tex] x 877,000
= $71,475.5
The commission earned on this sale is $71,475.5
