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lapo4ka [179]
3 years ago
8

Tim receives a 8% commission on each house he sells. If he received a commission of $23,400 what was the value of the house he s

old
Mathematics
1 answer:
NeTakaya3 years ago
7 0

Answer:

$292,500  

Step-by-step explanation:

Let H = house value and let C = commission  

A 8% commission means that C = 8% of H so the equation is C = 0.08*H  

If C = $23400 then  

23400 = 0.08*H

H = 23400/0.08 = 292500  

So the value of the house is $292,500  

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