A real estate agent earned a commission of $6875for selling a house. If his rate is 2.5%, find theselling price of the house.
Accepted Solution
A:
Answer:The price of the house was 275,000Step-by-step explanation:To find the total price of the house, you need to divide the amount of the commission by the percentage of the commission. This will give you the price of the house. 6,875/2.5%6,875/.025 = 275,000