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Illusion [34]
3 years ago
7

A sports agent made one million dollars by charging a 12.5% commission to negotiate a long-term contract for a professional athl

ete. Find the amount of the contract.
Mathematics
1 answer:
Hatshy [7]3 years ago
4 0
$1,000,000 = 12.5% of the contract

"12.5%"  means  0.125

"of" means "times"

1,000,000 = 0.125 C

Divide each side by 0.125 :

C = 1,000,000 / 0.125 = <em>$8 million</em>




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Answer:

Step-by-step explanation:

The man has twelve sons. So we need an equation that has twelve numbers added to 12.3 million.  The youngest son's share is what we want to find, so set it to x.  Each son older will have 175 more than the one younger than him.

So the next to youngest will have x+175(1) and the next will have x+175(2) and so on to the twelfth one.

So....

     

x + x+175 + x+175(2) + x+175(3) + x+175(4) + x+175(5) + x+175(6) + x+175(7) + x+175(8) + x+175(9) + x+175(10) + x+175(11) = 12,300,000

Now simplify.  Add all the x's and multiply all the numbers.

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Continue to simplify by adding.

12x+13,475=12,300,000   Now simplify by subtracting the non 'x' number from both sides

12x+13,475-13,475=12,300,000-13,475

12x=12,286,525  Now simplify by dividing both sides by 12.

x = 1,023,877.08

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There should be a unit:$, pounds, something.

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