What is the commission amount on a sale price of 310,000 at 7 percent?

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Multiple Choice

What is the commission amount on a sale price of 310,000 at 7 percent?

Explanation:
To find the commission, apply the percentage to the sale price. Convert 7% to a decimal (0.07) and multiply by 310,000: 310,000 × 0.07 = 21,700. So the commission is $21,700. The other numbers would come from using different percentages or rounding, but at 7% this is the exact result.

To find the commission, apply the percentage to the sale price. Convert 7% to a decimal (0.07) and multiply by 310,000: 310,000 × 0.07 = 21,700. So the commission is $21,700. The other numbers would come from using different percentages or rounding, but at 7% this is the exact result.

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