A real estate agent received a 6% commission on the selling price of a house. If his commission was $8,880, what was the selling price of the house?

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asked Mar 6, 2018 134k views

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Anatol Bivol · Answer 1 · 2018-03-12T20:51:33+0000

Use proportion
106 % = x + 8,800 where x is the selling price
100 % = x

so 106 / 100 = 1.06 = (x + 8800) / x

1.06x = x + 8800
0.06x = 8800
x = 8800 / 0.06 = $146,666.67

A real estate agent received a 6% commission on the selling price of a house. If his commission was $8,880, what was the selling price of the house?

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