Questions on Word Problems: Problems on percentages, ratios, and fractions answered by real tutors!

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Question 148948: Ferdinand sold his algebra textbook using an internet auction site that charges a commission of 13% of the selling price. After the commission was paid, Ferdinand received $22.78. If x represents the selling price, then x satisfies x – 0.13x = 22.78. Solve this equation to find the selling price: Ferdinand sold his algebra textbook using an internet auction site that charges a commission of 13% of the selling price. After the commission was paid, Ferdinand received $22.78. If x represents the selling price, then x satisfies x – 0.13x = 22.78. Solve this equation to find the selling price
Answer by mangopeeler07(445) About Me  (Show Source):
You can put this solution on YOUR website!
x=selling price
(x – 0.13x = 22.78)=(1.0x – 0.13x = 22.78)

Combine like terms (the x's)
.87x=22.78

Divide both sides by .87
x=26.18

Selling price=$26.18