SOLUTION: A condominium owner cleared $114,600 on the sale of his condo, after paying a 4.5% real estate commission. What was the selling price?

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Question 833426: A condominium owner cleared $114,600 on the sale of his condo, after paying a 4.5% real estate commission. What was the selling price?
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
(1-.045)x=114,600
.955x=114,600
x=114,600/.955
x=$121,047.12 was the selling price