10% from the total? Whats going on?

[gavmason]

SO i just put up my very first ebay item and when I look at the T&C, it says Ebay and paypal take 10 and i think 3%? Is this true? I know Ebay is a business but thats really high especially when other websites like Ebid or Gumtree offer free or 2%...Whats going on?

EDIT..  The Ebay charges are really high. I've since posted my ads on other sites for free or 2%. Why is Ebay charging so much commision on sales? It's a really bad business model and now i don't really trust them since their cut is so high. Paypal fee's are acceptable. It's specifically Ebays charges that I have issue with and just wanted to know if there's a button i should have pressed or is this their normal charge? 5% is even high regardless of exposure and ive since seen many posts complaining about the charges. It's just a shame since I would now not use ebay to sell after this unless it was small things. Such a shame