SOLUTION: Need help to set up an inequality for a word problem please. David is planning to sell is house which he bought in 1997 for 150,000 and he wants to make at least $80,000. The re

Algebra ->  Inequalities -> SOLUTION: Need help to set up an inequality for a word problem please. David is planning to sell is house which he bought in 1997 for 150,000 and he wants to make at least $80,000. The re      Log On


   



Question 360272: Need help to set up an inequality for a word problem please.
David is planning to sell is house which he bought in 1997 for 150,000 and he wants to make at least $80,000. The realtor's commision is 7% of the sale priceof the house. What is the minimum sale price he should set for the house, with x being the minimum sale price he should set for the house?

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
(150000+80000)(1.07)=246100
x > 246100