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Supposed that you purchased an old property for $120,000. You decide to mark up the value by 40% before you put it on the market. If your real estate agent charges 5.5% commission on the sale, how much
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32 votes
32 votes
Supposed that you purchased an old property for $120,000. You decide to mark

up the value by 40% before you put it on the market. If your real estate agent
charges 5.5% commission on the sale, how much did you make on the sale?

User Abdul Khan
by
2.8k points

1 Answer

11 votes
11 votes

Answer:

158,760$

Explanation:

120,000$ + 40%=168,000$-5.5%=158,760$

User Alexandre Pepin
by
3.0k points
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