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  • 18-06-2021
  • Mathematics
contestada

If real estate agent earns a 3% commission and earned \$4,350 on the closing of a home What was the price of the home?

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PiaDeveau PiaDeveau
  • 23-06-2021

Answer:

Final price of house = $145,000 (Approx.)

Step-by-step explanation:

Given:

Rate of commission = 3%

Amount of commission = $4,350

Find:

Final price of house

Computation:

Final price of house = Amount of commission / Rate of commission

Final price of house = 4,350 / 3%

Final price of house = 4,350 / 0.03

Final price of house = 145,000

Final price of house = $145,000 (Approx.)

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