If x varies directly as y, and x=12 when y=3, find x when y=7
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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.