Answer: 2.5%
Step-by-step explanation:
Let's use the rule of 3 here.
If the total price is $275,000 or 100% of the sale, then $6,875 is X% of the total sale.
Let's put money on one side and percentages on the other.
Solve for x;
Answer:
58/9
5/3 +43/9
Lets take the L.C.M first
The L.C.M would be 9
Solve the term by taking 9 as L.C.M
=15+43/9
Add the numerator.
=58/9
The answer is 58/9 ....
Answer: x = -1, 1