Ratios and proportions

User Generated

Yvyyl Yhan

Mathematics

Description

Cherry is a real estate broker. She receives a 4% commission on each property sold. If Cherry's commission was $7280, what was the selling price of the property she sold? *STEP BY STEP INSTRUCTIONS PLEASE*

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Explanation & Answer

Let the SP of the property be x

then,

4% of x =7280

4/100 *x = 7280

x = 7280*100/4

x = 182000

therefore price of property is $182000


Anonymous
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