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1 answer:
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Given parameters:
Charge per month = $65
Percentage on rent= 6%
Amount paid by Jack per month = $164
Unknown:
Monthly rent on his property = ?
Solution:
Monthly rent on his property can be found by;
Amount paid by Jack per month = Charge per month + 6% of monthly rent
Let the monthly rent = x ;
So;
164 = 65 + x
164 - 65 =
99 =
6x = 9900
x = 1650
Monthly rent on his property is $1650