New York salesperson exam math
Pick the formula. Work the problem. Check the reasoning.
These 72 authored problems mix 11 topics, including commission splits, interest, area, LTV, qualifying ratios, prorations, taxes and income valuation. The topic and formula stay out of view until you request help or check an answer. Write down the base, rate, time period and requested unit before calculating.
Mixed practice · Item 1 of 72
A New York home sells for $385,000 and the listing calls for a 5 percent commission. What is the total commission?
Answer in $. Round to 2 decimal places. Choose the formula yourself before checking.
This visit: 0 checks, 0 correct without hints. Repeated exposure and hints affect results, so this is not a readiness score.
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Use the math calculators to compare inputs and formulas, or the math study guide to learn the relationships. A correct total is useful only when the units and assumptions match the question.
Keep the assumptions in the problem
Commission percentages and qualifying ratios in these exercises are supplied assumptions, not universal rates. State tax drills identify the tax component being calculated. Local charges, exemptions and actual lender rules may change a real transaction's result.