Problema Solution

a real estate agent earned a commission of $9,730 for selling a house. If his rate is 7%, find the selling price of the house. Find the selling price.

Answer provided by our tutors

let 'x' be the selling price of the house


7% of x = 9730


(7/100)x = 9730


0.07x = 9730


x = 9730/0.07


x = $139,000


the selling price of the house was $139,000.