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    California Real Estate Principles
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    Exam 1: Introduction to Real Estate
  5. Question
    A Real Estate Broker Received a Commission of $6,300, Which
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A Real Estate Broker Received a Commission of $6,300, Which

Question 37

Question 37

Multiple Choice

A real estate broker received a commission of $6,300, which represented 6% of the sales price of the lot. What was the sales price of the lot?


A) $ 26,800
B) $110,000
C) $105,000
D) $ 98,200

Correct Answer:

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