SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam

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An auctioneer collects $60,000 in total sales. The seller's contract specifies 20% commission on the first $25,000 and 12% on any amount above. What is the auctioneer's total commission?

$$9,200 $$9,100 $$7,200 $$12,000

Correct Answer:

$$9,200

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