A realtor sells a house for $460,000. If she earns 3% of the house's price as a commission, how much is her commission?

The easiest way to do this is to divide $460.000 by 100 and then multiply the anwser by 3. So ...

$460.000:100=$4600

$4600x3=$13800

3%=$13800

Rate: 5.5%; Purchase Price: $200,000 →.055 x 200,000 = $11,000 Rate: 4.75%; Purchase Price: $325,000 →.0475 x 325,000 = $15,437.50 Rate: 6.3%; Purchase Price $132,000 →.063 x 132,000 = $8,316 Formula = comm%/100