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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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4 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 JimmyShoe
by
5.3k points

1 Answer

5 votes

Answer:

158,760$

Explanation:

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

User Himan Dhawan
by
5.5k points
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