SOLUTION: A real estate firm charges a flat fee of $500 per sale, plus 2 1/2 % commission on the selling price. Calculate the amount the firm earns on a house that sells for $160000.
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Question 1175451: A real estate firm charges a flat fee of $500 per sale, plus 2 1/2 % commission on the selling price. Calculate the amount the firm earns on a house that sells for $160000.
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
Hi there,
$160,000 x 2.5% = $4,000
Fee + Commission
$500 + $4,000 = $4,500
$4,500 is what the firm earns for selling the house.
Hope this helps :-)
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