SOLUTION: Roland wants to sell his car through a broker who charges a commission of 10% of the selling price. Roland still owes $11,025 on the car. Roland must get enough to at least pay o

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Question 52661: Roland wants to sell his car through a broker who charges a commission of 10% of the selling price. Roland still owes $11,025 on the car. Roland must get enough to at least pay off the loan. What is the range of the selling price?
Answer by funmath(2933) About Me  (Show Source):
You can put this solution on YOUR website!
Let x equal the selling price
Let .10x equal the commission, he gets 10% of the selling price.
Then our range would be:
x-.10x>or=11,025
(1-.10)x>or=11,025
.9x>or=11,025
.9x/.9>or=11,025/.9
x>or=$12,250
Roland must charge $12,250 or more in order to pay off his loan and the broker.