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

Question

4 years ago

8

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1 answer:

NeTakaya · Answer 1 · 2021-11-19T15:22:00+03:00

NeTakaya4 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