Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
If he sells his property for $59,139.78 and pays 7% commission, this will allow him to retain a net of $55,000
Here's how i figured it out:
x = sale price
(sale price) - (sale price * 7%) = net price of $55,000
(x) - (0.07x) = 55,000
x(1 - 0.07) = 55,000
x = (55,000)/(1 - 0.07) = (55,000)/(0.93) = 59,139.78
x = $59,139.78
Here's how i figured it out:
x = sale price
(sale price) - (sale price * 7%) = net price of $55,000
(x) - (0.07x) = 55,000
x(1 - 0.07) = 55,000
x = (55,000)/(1 - 0.07) = (55,000)/(0.93) = 59,139.78
x = $59,139.78
[tex]\frac { 93 }{ 100 } \cdot n=55,000\\ \\ 93n=5,500,000\\ \\ n=\frac { 5,500,000 }{ 93 } \\ \\ n=59139.78495\\ \\ [/tex]
Therefore, your answer is:
$59,139.78
Therefore, your answer is:
$59,139.78
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.