Question

A real estate agent makes 7% commission on all sales how much does the agent makes on a sale of 182,500 dollars???

I want all of the steps!!!

Answer 1

$12,775

Explanation:

To solve this problem, we need to find how much 7% of $182,500 is. To do that, we can multiply $182,500 by 7%.

The first step is to change 7% into its decimal form.

7% ->
`(7)/(100)` ->
`0.07`

The next step is to multiply 182,500 and 0.07. The work is shown below:

`x=182,500(0.07)`

`x=12,775`

The real estate agent makes $12,775 from the commission.