SOLUTION: John earns a commission of 38% of the cost of every set of chef�s knives that he sells, Last year he earned $17,000 in commission. What was the cost of the chef�s knives that he so

SOLUTION: John earns a commission of 38% of the cost of every set of chef�s knives that he sells, Last year he earned $17,000 in commission. What was the cost of the chef�s knives that he so

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Question 1060157: John earns a commission of 38% of the cost of every set of chef�s knives that he sells, Last year he earned $17,000 in commission. What was the cost of the chef�s knives that he sold last year?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
Let n be the total value of the knives John sold last year. Then:
.38n=17000
n=17000/.38=$44736.84 as the total value of the knives John sold last year. ☺☺☺☺
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