Question

A realtor receives 7% commission for each home for each home she sells. She sold a home recently, earning a commission of $17,500. What was the sale price of the home?

Answer 1

Explanation:

if the realtor received a commission of 17,500 dollars which represent only 7% of the price of the house,

the sale price was

(17,500*100)/0.07=250,000