Homework Help: algebra

Posted by Lauren on Sunday, June 8, 2008 at 11:58am.

At a certain real estate firm,realtors selling homes receive a commission of 7% for the first 140,000 of the selling price, and 5% for any amount exceeding 140,000. A realtor for the firm received 11,350 for selling a house. What was its selling price? I really do not understand this question can someone please help me?

algebra - PsyDAG, Sunday, June 8, 2008 at 12:06pm
$140,000(.05) + X(.07) = $11,350

Solve for X and add solution to $140,000.

I hope this helps. Thanks for asking.

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