If a property sold for $110,000 and the real estate company's salesperson receives 60% of a 6% commission, what is the commission received by the salesperson?

To determine the commission received by the salesperson, we first need to calculate the total commission from the sale of the property. The sale price is $110,000, and the commission rate is 6%.

First, we find the total commission by multiplying the sale price by the commission rate:

Total Commission = Sale Price × Commission Rate
Total Commission = $110,000 × 0.06
Total Commission = $6,600

Next, since the salesperson receives 60% of this total commission, we need to calculate that portion:

Salesperson's Commission = Total Commission × Salesperson's Percentage
Salesperson's Commission = $6,600 × 0.60
Salesperson's Commission = $3,960

Thus, the commission received by the salesperson is $3,960. This calculation illustrates how to accurately determine the commission based on a set percentage of a sale, applying both the total commission calculation and the specific percentage allocated to the salesperson.