Two brokers split a 6% commission equally on a $73,000 home. The selling
provisional broker, Joe, was paid 70% of his broker's share. The listing
provisional broker, Janice, was paid 30% of her broker's share. How much did
Janice receive?
A $657
B $1,314
C $1,533
D $4,380



Answer :

xzwoah

Answer:

First, let's find out how much the two brokers split equally. The total commission on the $73,000 home is \(6\% \times $73,000 = $4,380\). Since the two brokers split it equally, each receives \(\frac{1}{2} \times $4,380 = $2,190\).

Joe, the selling provisional broker, was paid 70% of his broker's share. So, Joe receives \(70\% \times $2,190 = 0.7 \times $2,190 = $1,533\).

Janice, the listing provisional broker, was paid 30% of her broker's share. So, Janice receives \(30\% \times $2,190 = 0.3 \times $2,190 = $657\).

Therefore, Janice received $657. So, the correct answer is option A: $657.

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