A real estate broker sold your house for $189,000. The broker's commission was 4.5% of the selling price. How much would you get for the house after the commission is paid?

1 Answer
Mar 9, 2018

$180,495 is the take-home after the broker's commission.

Explanation:

To find out the remaining amount, you can multiply the total by the percentage that you would retain.

If the total sale price is 100%, and your broker took 4.5% that leaves you with 95.5%. Reforming that into decimals:

#1-0.045=0.955#

Now take that remaining decimal and multiply the 100% value by it to get the amount you retain:

#189000*0.955=color(red)180495#