Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Get immediate and reliable answers to your questions from a community of experienced 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 appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.