Problema Solution

A salesperson receives 5% commission on sale of each car. If the commission on a car is 490$ what's the price of the car?

Answer provided by our tutors

Let 'x' represent the price of the car.

5% of x is $490

0.05x = 490

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click here to see the equation solved for x

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x = $9,800

The price of the car is $9,800.