a real estate lady sold a house for 175000, the agencys fee what 4 percent of the houses sale price, she received 4725 in commis
sion. what percent of the agency fee dis she receive
1 answer:
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Answer:
Amount invested at 8% is $9000 and amount invested at 18% is $21000.
Step-by-step explanation:
Let amount invested at 8% be x.
Let amount invested at 18% be y.
We get the 1st equation as:
........(1)
We get the second equation as:
=>
or getting rid of the decimal by multiplying by 100 on both sides.
........(2)
Multiplying (1) by 8 and subtracting from (2) we get
So, y = 21000
And
So, x = 9000
Therefore, amount invested at 8% is $9000 and amount invested at 18% is $21000.