The commission for selling a house is$11825, which is 5.5% of the selling price. What is the selling price of the house?

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30-04-2014
Mathematics

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The commission for selling a house is$11825, which is 5.5% of the selling price. What is the selling price of the house?

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KDR KDR · Answer 1 · 2014-04-30T18:19:52-04:00

KDR KDR

30-04-2014

In this case, the best method starts with finding one percent of the selling price. To do this, divide the commission ($11825) by 5.5. This gets you 1%, which is $2150. Next, multiply this number by 100, turning 1% into 100%. Your final answer is $215,000.

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