In a situation wherein a seller wants to net **$55,614** from the sale of her house after paying a 7% commission, her minimum **sales price **will have to be at leas**t $59,800**. Therefore, the option **C **holds true.

<h3>What is the significance of sales price?</h3>

**Sales price **can be referred to or considered as the price at which goods or services are being sold by a **seller **in the market. Usually, the sales price is higher than the **cost price**.

When the net returns desired by a seller is $55,614, and the commission is at 7%, then the sales price shall be 55614 / 0.93 = **$59,800**.

Therefore, the option **C **holds true regarding the significance of **sales price. **

Learn more about **sales price **here:

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The question seems to be incomplete. It has been added below.

A seller wants to net $55,614 from the sale of her house after paying a 7% commission. Her minimum sales price will have to be?

$55,341

$59,506

$59,800

$63,000