Question

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?

Answer 1

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

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