SOLUTION: An owner listed her home at a price which would leave her $18,800 after she paid the broker a 6% commission. If the broker sold the property at the listed price, how much commissio

Algebra ->  Finance -> SOLUTION: An owner listed her home at a price which would leave her $18,800 after she paid the broker a 6% commission. If the broker sold the property at the listed price, how much commissio      Log On


   



Question 447800: An owner listed her home at a price which would leave her $18,800 after she paid the broker a 6% commission. If the broker sold the property at the listed price, how much commission would be paid.
a - 1200
b - 1064
c - 1088
d - 1193

Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
x-.06x=18800
.94x=18800
x=20000
20000*.06=1200
.
Ed