document.write( "Question 850343: please help me to find out its solution
\n" ); document.write( "If a broker sells a property where the commission rate is 6% of the 1st
\n" ); document.write( "$500,000, 5% of the next $500,000 and 4% of any sales price over the 1st
\n" ); document.write( "$1,000,000, what would be the sales price of the property if the broker received
\n" ); document.write( "$120,000 after paying another broker 25% of the total commission earned?
\n" ); document.write( "

Algebra.Com's Answer #512115 by checkley79(3341)\"\" \"About 
You can put this solution on YOUR website!
(.06*500,000+.05*500,000+.04*X).75=120,000
\n" ); document.write( "(30,000+25,000+.04X).75=120,000
\n" ); document.write( "(55,000+.04X).75=120,000
\n" ); document.write( "(41,250+.03X)=120,000
\n" ); document.write( ".03X=120,000-41,250
\n" ); document.write( ".03X=78,750
\n" ); document.write( "X=78,750/.03
\n" ); document.write( "X=$2,625,000
\n" ); document.write( "TOTAL SELLING PRICE WAS:
\n" ); document.write( "1,000,000+2,625,000=$3,625,000
\n" ); document.write( "
\n" ); document.write( "
\n" );