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Mr. and Mrs. Schaefer are selling their house. Their real estate agent’s fee is 7% of the selling price. The Schaefers want to make at least $175,000 from the sale. To the nearest dollar, what must be
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3 votes
Mr. and Mrs. Schaefer are selling their house. Their real estate agent’s fee is 7% of the selling price. The Schaefers want to make at least $175,000 from the sale. To the nearest dollar, what must be the selling price of the house?

User David Spence
by
7.8k points

1 Answer

4 votes
x - .07x
\leq 175000

x - .07x
\leq 175000
.93x
\leq 175000
Divide both sides by .93.
x
\leq 188172.043

188172.043 rounded to the nearest dollar is $188172.04.

Mr and Mrs Schaefer should sell the house for $188172.04 or more.
User MrMalith
by
8.8k points
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