LA Auctioneer Practice Questions - Louisiana Licensed Auctioneer Exam

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An auctioneer conducts an estate auction with total sales of $28,000. The commission is 20%, the advertising cost was $800, and there is a $200 insurance charge. What net amount is due to the estate?

$$21,400 $$22,200 $$21,600 $$22,400

Correct Answer:

$$21,400

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