WI Auctioneer Practice Questions - Wisconsin Licensed Auctioneer Exam

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A Wisconsin auctioneer's gross sales are $120,000 with a 12% commission. After deducting $3,500 in advertising and $1,500 in setup expenses, the seller's net proceeds are:

$$100,000 $$100,600 $$101,600 $$103,000

Correct Answer:

$$100,600

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