commission ass

Assessment An estate agent receives commission of 6% on the first R150 000 of the selling price of a home, and 4,5% on the balance. How much commission will she earn if the house is sold for: R490 000 (A) (B) R24 300 R9 000 (C) R51 450

(D) R31 050 R880 000

(A) R92 400

(B) R43 800

(C) R52 800

(D) R41 850

An estate agent earns commission of 12% on the first million rand of the selling price of a property, and 15% on any amount higher than that. She sells a house worth R1 570 000. Calculate her commission. (A) R423 900

(B) R235 500

(C) R85 500

(D) R205 500 Financial Mathematics