Jimmy is a real estate agent, and he earns a 2.5% commission for the sale of a home. He just sold a home for $270,000. How much is his commission?

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Mathematics

Lamar Stevens

7 June, 09:16

Jimmy is a real estate agent, and he earns a 2.5% commission for the sale of a home. He just sold a home for $270,000. How much is his commission?

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Joy Farley · Answer 1

Hello there! So, he sells a home worth $270,000 and gets 2.5% of that price as commission. In order to find the amount of commission he gets from selling that home, all you have to do is multiply the price by the percent, because commission is a small portion of the sold price. 270,000 * 2.5% (0.025) is 6,750. There. Jimmy's commission is $6,750.