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3 years ago

The seller wants to net $65,000 from the sale of his house after paying the broker's fee of 6%. His gross sales price will be

Business

1 answer:

Nitella [24]3 years ago

8 0

Based on the information given his gross sales price will be:$69,149.

Gross sales price:

Using this formula

Gross sales price=Net price/(1-Broker's fee percentage)

Where:

Net price=$65,000

Broker's fee percentage=6%

Let plug in the formula

Gross sales price=$65,000/(1-6%)

Gross sales price=$65,000/94%

Gross sales price=$69,148.9

Gross sales price=$69,149(Approximately)

his gross sales price will be:$69,149.

Inconclusion his gross sales price will be:$69,149.

Learn more about gross sales price here:brainly.com/question/26103201

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