SOLUTION: Ronald wants to sell his car through s broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough money to at least p
Algebra ->
Human-and-algebraic-language
-> SOLUTION: Ronald wants to sell his car through s broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough money to at least p
Log On
Question 90366: Ronald wants to sell his car through s broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough money to at least pay off the loan. What is the range of the selling price? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Ronald wants to sell his car through s broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough money to at least pay off the loan. What is the range of the selling price?
--------
Let the selling price be "x".
EQUATION:
x >= 11,025 + 0.10x
0.90x >= 11,025
x >= $12,250
Cheers,
Stan H.
(