Question 96822: Using x for the variable, write an equation that describes the given situation. Then solve the equation.Veronica sold her home for x dollars. The real estate agent's commission was 5% of the selling price and Veronica received $133,000.
I know the selling price is $140,000 through trial and error, but I can't seem to make a complete expression to show how I arrived there.
So if you take $140,000 * 5%, you get $7,000. Subtract $7,000 from $140,000 to get Veronica's profit of $133,000. If I replace the $140k with x, it's still 2 equations, not 1. Please show me HOW to figure out the correct answer.
Thanks!
Answer by coyote(32)   (Show Source):
You can put this solution on YOUR website! All night and day thinking TOO hard about this. Don't you know I post this and then figure it out?!
It's 95% of x = $133,000
Divide $133,000 by 95% = $140,000
Sorry for wasting your time!
|
|
|
