How do I find the sale price when only the commission amount and rate are given?
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Reverse the multiplication: divide the commission amount by the rate in decimal form. If the stated total commission is $18,000 at a hypothetical 5% rate, the sale price is $360,000. Check it by multiplying $360,000 by 0.05. Make sure the amount provided is total commission, not an associate's share after splits.
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Discussion prompt: Would this calculation still work directly with a net associate payout?