Ratios and proportions

Algebra
Tutor: None Selected Time limit: 1 Day

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*

Aug 11th, 2014

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

Aug 11th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Aug 11th, 2014
...
Aug 11th, 2014
Dec 10th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer