118k views
2 votes
A commission of $300 was paid to a broker's agent for the sale of a bond. If the commission was 3/4% of the sales value of the bond, how much was the bond sold for?

User Svassr
by
9.0k points

1 Answer

4 votes

Answer:

Look below

Explanation:

Sale prince is $300

the commission is 3/4%

Commission amount is $2.25

Price + commission $302.25

Price - commission $297.95

I hope this gives you the answer you where looking for

User Keith Gaughan
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.