contestada

A real estate firm charges 2% commission fee on sales. If Maha sold her house and was charged $13,400 for the commission, what was the sale price of her house?

Respuesta :

Answer:

$670,000

Step-by-step explanation:

From the question, Maha sold her house and was charged $13,400 for the commission. We want to determine the sales price of the house.

Let the sale price of the house be $ x.

Then 2% of the sales price should give us 13,400

This implies that:

[tex]0.02x = 13400[/tex]

Divide both sides by 0.02 to get:

[tex]x = \frac{13400}{0.02} [/tex]

[tex]x = 670000[/tex]

Therefore the sales price of the house is $670,000