SOLUTION: Car selling. Ronald wants to sell his car 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

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Question 345428: Car selling. Ronald wants to sell his car 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 the selling price?

Found 2 solutions by haileytucki, mananth:
Answer by haileytucki(390) About Me  (Show Source):
You can put this solution on YOUR website!
x-0.1x>=11025
Since x and -0.1x are like terms, add -0.1x to x to get 0.9x.
0.9x>=11025
Divide each term in the inequality by 0.9.
(0.9x)/(0.9)>=(11025)/(0.9)
Cancel the common factor of 0.9.
x>=(11025)/(0.9)
Divide 11025 by 0.9 to get 12250.
x>=12,250.00

Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
let him sell at $x
0.1x is the commission
he has to pay $11,025 towards loan
0.1x+11025=x
-0.1x
11025=x-0.1x
11025=0.9x
/0.9
11025/0.9= x
12,250 =x
He should sell at $12,250. 00