document.write( "Question 1162630: The following is a real estate commission on the selling price of a house.
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document.write( "10% for the first $100,000, and 6% for the amount which exceeds $100,000
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document.write( "A realtor receives $21,880.00 for selling a house. What was the selling price? \n" );
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Algebra.Com's Answer #786636 by Theo(13342)![]() ![]() You can put this solution on YOUR website! let x equal the price of the house. \n" ); document.write( "your equation is: \n" ); document.write( ".10 * 100,000 + .06 * (x - 100,000) = 21,880 \n" ); document.write( " simplify this to get: \n" ); document.write( "10,000 + .06 * x - 6,000 = 21,880 \n" ); document.write( "combine like terms to get: \n" ); document.write( "4,000 + .06 * x = 21,880 \n" ); document.write( "subtract 4,000 from both sides to get: \n" ); document.write( ".06 * x = 17,880 \n" ); document.write( "solve for x to get: \n" ); document.write( "x = 17,880 / .06 = 298,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "298,000 is the selling price of the house and that's your solution.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to confirm, do the following: \n" ); document.write( "the selling price of the house is 298,000 \n" ); document.write( "the first 100,000 gets you a commission of .10 * 100,000 = 10,000. \n" ); document.write( "the remainder gets you a commission of .06 * 198,000 = 11,880. \n" ); document.write( "your total commission is 21,880. \n" ); document.write( "this confirms the solution is correct.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |