Brandon is going to get a 3% commission on the sale of a property for $300,000. How much is Brandon's commission?

Rationale

Brandon's commission is $9,000.

To calculate Brandon's commission, we can multiply the total sale price of the property by the commission percentage. Thus, 3% of $300,000 equals $9,000.

A ($12,000) YOUR ANSWER

This option suggests a commission amount that is too high. A 3% commission on $300,000 is calculated as $300,000 * 0.03 = $9,000, making $12,000 incorrect.

B ($30,000) YOUR ANSWER

This choice represents a 10% commission rather than the 3% mentioned. To arrive at $30,000, one would need to calculate 10% of $300,000, which is $300,000 * 0.10 = $30,000. Thus, this option does not align with the given commission rate.

C ($10,000) YOUR ANSWER

This amount is also incorrect as it implies a commission of approximately 3.33%. The correct calculation for 3% of $300,000 is $9,000, not $10,000. Therefore, this choice misrepresents the commission percentage.

D ($9,000) CORRECT

This is the correct answer, derived from the calculation of 3% of $300,000. The formula used is $300,000 * 0.03, resulting in $9,000, which accurately reflects Brandon's commission.

Conclusion

Calculating a commission involves applying the specified percentage to the total sale price. In this case, Brandon's 3% commission on a $300,000 property sale results in $9,000. The other choices misrepresent either the percentage or the calculation, highlighting the importance of accurate percentage applications in financial transactions.

Brandon is going to get a 3% commission on the sale of a property for $300,000. How much is Brandon's commission?

Brandon's commission is $9,000.

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