84.2k views
1 vote
A person got $182,745 for his house after paying a sales commission that was 7% of the selling price. What was the selling price?

1 Answer

1 vote
Start by dividing $182,745 by 93, since that is the percentage of the money the person got from selling the house. This gives you 1% of the house's selling price.($1,965.) The next step would be to take the answer to that and multiply it by 100, as to get the total price of the house. So, $196,500 is your answer.
User Vikoo
by
7.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories