A real estate agent makes a 1.5% commission on her sales. What is her commission if she sells a $359,000 house?
Multiply $359,000 by the decimal equivalent of 1.5% (0.015) to ?nd out her commission; $359,000 × 0.015 = $5,385; $5,385 is the commission. A general mistake is to use 0.15 for the decimal equivalent of 1.5%; 0.15 is equivalent to 15%. Remember, to ?nd out the decimal equivalent of a percent, move the decimal point two places to the left.