Question

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?

Answer 1

158,760$

Explanation:

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