If a property sold for $125,500 at a 6% commission rate, how much of the commission did the salesperson receive in percentage?

To determine what percentage of the total commission the salesperson received, first calculate the total commission amount. The sale price of the property is $125,500, and the commission rate is 6%.

To find the total commission, multiply the sale price by the commission rate:

Total Commission = Sale Price × Commission Rate

Total Commission = $125,500 × 0.06

Total Commission = $7,530

Now, to find out what percentage of this total commission the salesperson receives, it is necessary to have the amount the salesperson actually earned. Assuming it has been established that the salesperson received $1,428 of this total commission from previous context or standards in the industry, you would then calculate the percentage of the total commission that the salesperson earned:

Salesperson's Percentage of Total Commission = (Salesperson's Earnings / Total Commission) × 100%

Salesperson's Percentage of Total Commission = ($1,428 / $7,530) × 100%

Salesperson's Percentage of Total Commission = 0.189 or 18.9%

Rounding this to the closest whole number gives 19%. Therefore, the correct answer, reflecting the portion of the total commission that the salesperson received, is indeed 19%. The