Question 986448: Here is my question that I can't get the right answer to.
Danny wants to sell his house. He would like to receive $136,000 after deducting the 6% commission due to the real estate agent. What should the selling price for the house be to the nearest dollar?
My answer was $136,00 X .06= $8,160
8,160 + 136,000= $144,160
My teachers answer is 144,681 so where did I go wrong?
Found 2 solutions by jim_thompson5910, stanbon:
Answer by jim_thompson5910(35256)   (Show Source):
You can put this solution on YOUR website! x = selling price
take 6% of the selling price to get 0.06x. This is the amount the real estate agent gets
The amount danny gets is x - 0.06x = 0.94x
He wants $136,000, so,
0.94x = 136000
0.94x/0.94 = 136000/0.94 Divide both sides by 0.94
x = 144,680.85106383
x = 144,681 Round to the nearest dollar
So the selling price should be $144,681
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If you need more help, or if you have any questions about the problem, feel free to email me at jim_thompson5910@hotmail.com
Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Here is my question that I can't get the right answer to.
Danny wants to sell his house. He would like to receive $136,000 after deducting the 6% commission due to the real estate agent. What should the selling price for the house be to the nearest dollar?
My answer was $136,00 X .06= $8,160
8,160 + 136,000= $144,160
My teachers answer is 144,681 so where did I go wrong?
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Let the selling price be "x".
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x - 0.06x = 136000
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0.94x = 136000
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x = 136000/0.94 = $144,680.85
To the nearest dollar that would be $144,681
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Cheers,
Stan H.
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