Question

As an independent real estate broker, you a 7% commision on all of the sales you make. Each moth your comission must Pay Office expenses and Salanies totaling $ 4, 125, About (how much do you need to sell each moth, in total sales for your Commission to cover these expenses?

Answer 1

Given

Total cost

4125 USD

Procedure

He needs to earn enough to cover his monthly expenses.

`\begin{gathered} S\cdot0.07=4125 \\ S=(4125)/(0.04) \\ S=103125 \end{gathered}`

He needs to sell 103125 USD