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Sagot :
Given:
Commision earned = $11,700
The commission was calculated at 6/100 of the selling price.
To find the selling price of the house, we have the equation:
[tex]11700=\frac{6}{100}S[/tex]Where S represents the selling price of the house.
Let's solve for S.
Multiply both sides of the equation by 100:
[tex]\begin{gathered} 11700(100)=\frac{6}{100}S\ast100 \\ \\ 1170000=6S \end{gathered}[/tex]Divide both sides of the equation by 6:
[tex]\begin{gathered} \frac{1170000}{6}=\frac{6S}{6} \\ \\ 195000=S \\ \\ S=195000 \end{gathered}[/tex]Therefore, the selling price of the house is $195,000
ANSWER:
$195,000
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