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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