a person got $168,805 for his house after paying a sales commission that was 9% of the selling price. what…
a person got $168,805 for his house after paying a sales commission that was 9% of the selling price. what was the selling price? the selling price was $ . (round to two decimal places as needed.)
Answer
Explanation:
Step1: Let selling price be $x$.
The amount received is $(1 - 0.09)x$ since 9% commission is paid. So, $(1 - 0.09)x=168805$.
Step2: Simplify the left - hand side.
$0.91x = 168805$.
Step3: Solve for $x$.
$x=\frac{168805}{0.91}$. $x = 185500$.
Answer:
$185500.00$