SOLUTION: A realtor who is paid 8% of the selling price in commission recently received $10,794 in commission on the sale of a property. What was the selling price of the property?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A realtor who is paid 8% of the selling price in commission recently received $10,794 in commission on the sale of a property. What was the selling price of the property?      Log On


   



Question 705799:
A realtor who is paid 8% of the selling price in commission recently received $10,794 in commission on the sale of a property. What was the selling price of the property?

Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
.08X=$10,794
X=10,784/.08
X=$134,925 AMOUNT OF SALES.