Jessica's house sells for $235,000 and she pays a 6% real estate commission to the listing broker, Oscar. Oscar keeps 55% and gives the co-operating broker the balance of the sales commission. If Harry, the listing broker's agent, earns 65% of the commission that his broker receives, how much commission does Harry earn? O $5.689.25 (Dollars) O $4,124.25 (Dollars) O $5.040.75 (Dollars) O $9,165.00 (Dollars)

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Jessica's house sells for $235,000 and she pays
a 6% real estate commission to the listing
broker, Oscar.
Oscar keeps 55% and gives the co-operating
broker the balance of the sales commission. If
Harry, the listing broker's agent, earns 65% of
the commission that his broker receives, how
much commission does
Harry earn?
O $5.689.25 (Dollars)
O $4,124.25 (Dollars)
O $5.040.75 (Dollars)
O $9,165.00 (Dollars)
Transcribed Image Text:Jessica's house sells for $235,000 and she pays a 6% real estate commission to the listing broker, Oscar. Oscar keeps 55% and gives the co-operating broker the balance of the sales commission. If Harry, the listing broker's agent, earns 65% of the commission that his broker receives, how much commission does Harry earn? O $5.689.25 (Dollars) O $4,124.25 (Dollars) O $5.040.75 (Dollars) O $9,165.00 (Dollars)
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