SOLUTION: Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough to at least pay o

Question 316061: Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough to at least pay off the loan. What is the range of the selling price?
x-0.10x=11025
0.90x=11025
x=11025/.90
11025.9 Amount range needed; 12,127.6
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough to at least pay off the loan. What is the range of the selling price?
x-0.10x=11025
0.90x=11025
x=11025/.90
x = $12250
---
Range: >= $12250
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Cheers,
stan H.
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