Question

Jessica bought a house at an auction for $82,500 the auction company charges a 15% premium on the final bid how much will jessica pay for the house

Answer 1

First, we need to find how much will Jessica pay for the auction company as:

`82,500\cdot15\text{ \% = 82,500}\cdot(15)/(100)=12,375`

Now, Jessica will pay for the house the sum of the final bid and the charge of the auction company. So, she will pay:

$82,500 + $12,375 = $94,875

Answer: $94,875