A realtor makes a commission of $11,400 on a $190,000 house he sells. What is his commission rate?

1 answer:

4 0

So bassically
his commision rate is
x% times 190000=comission
so x% times 190000=11400
divide both sdies by 190000
x%=11400/190000
solve for x percent
11400/190000=114/1900=3/50
x%=3/50
percent means parts out of 100 so x%=x/100
x/100=3/50
3/50=6/100
x/100=6/100
multiply both sdies by 100
x=6

the commision rate is 6%

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$\bf \qquad \qquad \textit{inverse proportional variation}\\\\
\textit{\underline{y} varies inversely with \underline{x}}\qquad \qquad y=\cfrac{k}{x}\impliedby 
\begin{array}{llll}
k=constant\ of\\
\qquad variation
\end{array}\\\\
-------------------------------\\\\
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\begin{cases}
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