SOLUTION: the morgans negotiated the following real estate commission on the selling price of their house:
8% for the first $100,000 and
3% for the amount that exceeds $100,000
The r
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Question 346963: the morgans negotiated the following real estate commission on the selling price of their house:
8% for the first $100,000 and
3% for the amount that exceeds $100,000
The realtor recieved a commission of $9,200 for selling the house. What was the selling price?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
9200-8000=1200
1200/0.03=40000
$140,000
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