you as a broker sold a triangular piece of land for $900 per acre. what is the approximate amount of your commission at 7% if the land had a base of 1500 feet and a height of 600 feet?

Respuesta :

The approximate commission at the rate of 7% is $650.82

What is area of triangle?

The area occupied by a triangle is known as area of triangle. The area if computed as 1/2*base*height

We are given the, base of 1500 feet and a height of 600 feet

Hence the area of triangle can be given as

Area= 0.5*1500*600

Area= 450000 ft^2

Now 1 acre costs as 43560 sqft

Hence the area of triangle in acres is

Area in acres = [tex]\frac{450000}{43560}[/tex]

Area in acres= 10.33

Hence total amount for which the piece of land is sold = 10.33*900

Total amount= $9297

Now we have to find the 7% of this amount

Hence

[tex]=\frac{9297*7}{100}\\=650.82[/tex]

Hence the amount received as commission is $650.82

To learn more about area of triangle please refer

https://brainly.com/question/17335144

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