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Mathematics, 23.11.2021 05:10, arunamvr
A real estate agency has fixed monthly costs associated with rent, staff salaries, utilities, and supplies. It earns its money by taking a percentage commission on total real estate sales. During the month of July, the agency had total sales of $832,000 and showed a net income (after paying fixed costs) of $15,704. In August, total sales were $326,000 with a net income of only $523.
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