SOLUTION: Danielle sold her house through an agent who charged her 8% of the selling price. After the commission was paid,, Danielle received $117,760. If x is the selling price, then x sa

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Danielle sold her house through an agent who charged her 8% of the selling price. After the commission was paid,, Danielle received $117,760. If x is the selling price, then x sa      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 55224: Danielle sold her house through an agent who charged her 8% of the selling price.
After the commission was paid,, Danielle received $117,760. If x is the selling price,
then x satisfies
x-0.08x-117,760
Solve this equation.

Answer by funmath(2933) About Me  (Show Source):
You can put this solution on YOUR website!
Danielle sold her house through an agent who charged her 8% of the selling price.
After the commission was paid,, Danielle received $117,760. If x is the selling price,
then x satisfies x-0.08x=117,760
(1-.08)x=117,760
.92x=117,760
.92x/.92=117,760/.92
x=$128,000
Check by substituting x=128,000 into the equation and see if both sides equal.
Happy Calculating!!!