SOLUTION: Horse trading. Gene selling his palomino at an auction. The auctioneer’s commission is 10% of the selling price. If Gene still owes $810 on the horse, then what must the horse

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Horse trading. Gene selling his palomino at an auction. The auctioneer’s commission is 10% of the selling price. If Gene still owes $810 on the horse, then what must the horse       Log On


   

Question 111562: Horse trading. Gene selling his palomino at an auction. The auctioneer’s commission is 10% of the selling price. If Gene still owes $810 on the horse, then what must the horse sell for so that Gene can pay off his loan?
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
Let x be the sale price of the horse.
1-.10=.9 Percent he gets back after the sale.
.9x=810
.9x/.9=810/.9
x=810/.9=$900.
Ed