SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam

An auctioneer charges a 12% buyer's premium. If an item sells for a hammer price of $8,000, what is the total amount the buyer pays (before tax)?

$$8,000 $$8,960 $$9,200 $$8,120

$$8,960

Access more questions from this quiz

Continue to SC Auctioneer Practice Questions - South Carolina Licensed Auctioneer Exam for more practice questions and the full quiz experience.