SOLUTION: Ronald wants to sell his care 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 of
Question 97484: Ronald wants to sell his care 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 selling price? Answer by edjones(8007) (Show Source):
You can put this solution on YOUR website! Ronald owes 11,025 on the car.
sales price - commission = 11025
let x = sales price
x-.1x=11025
.9x=11025
divide .9 into both sides x=11025/.9
x=$12,250
Ed