A real estate broker's base salary is $18,000. She earns a 4% commission on total sales. How much must she sell to earn $55,000
total? Show your work and explain your reasoning in the space provided below.
1 answer:
The salary of the real estate broker = $18,000
Commission earned on total sales = 4% or 0.04
Total income earnings = $55,000
Let the total sales be = x
Equation becomes :
Hence, the real estate broker must sell $925,000 worth of real estate to earn $55,000.
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