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Mrs. Hamilton worked for a real estate agency. She sold a house for $175,000. The agency's fee for the sale was 4% of the sale price. Mrs. Hamilton
received $4,725 of the agency's fee as her commission. What percent of the agency's fee did Mrs. Hamilton receive? Round your answer to the nearest tenth of a percent.
First you have to figure out what the agency received as a whole: 175,000 x .04 = 7000 Then you have to figure out what percentage Mrs. Hamilton received from the agency [tex] \frac{4725}{7000} =.675[/tex] .675 as a percentage is equal to 67.5%! I hope this helped!
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