Given:
Mr. Rolando sold the house and that at 10,500,000.00.
Commission percent = 4%
To find:
The amount of commission.
Solution:
We have,
Commission percent = 4%
Commission = 4% of selling price of the house.
= [tex]\dfrac{4}{100}\times 10,500,000[/tex]
= [tex]4\times 105,000[/tex]
= [tex]420,000[/tex]
Therefore, the amount of commission is 420,000.
