Posted by **Catina** on Tuesday, October 14, 2008 at 11:23pm.

The Berry's sold their house after paying the real estate agent a commission of 6% of the selling price and then paying $1,486 in other costs and $90,000 on the mortgage, they received $49,514. What was the selling price of the house?

Solution:

selling price-cost=profit

Let s = selling price

cost= 0.06s + 1486 + 90,000

s - (0.06s + 1,486 + 90,000)= 49,514

s -0.06s - 1,486 - 90,000= 49,514

s-0.06s-1486= 49,514 +90,000

s-0.06s-1486=139,514

s-0,06s=139,514 + 1486

s-0.06=141,000 .....then I do not know what to do can someone help me please?

- algebra -
**sushi**, Tuesday, October 14, 2008 at 11:29pm
add 0.06 to both sides to cancel the 0.06 out.

- algebra -
**sushi**, Tuesday, October 14, 2008 at 11:30pm
what grade are you in?

- algebra -
**Catina**, Tuesday, October 14, 2008 at 11:38pm
I am in college. The answer says the next answer is .94s=141,000 and I do not see how they get .94s

- algebra -
**cece**, Tuesday, October 14, 2008 at 11:43pm
1s minus .06s = .94s

- algebra -
**cece**, Tuesday, October 14, 2008 at 11:46pm
s should equal $150,000

- algebra -
**Catina**, Tuesday, October 14, 2008 at 11:51pm
WOW, what a stupid oversight, guess I have been at this for to long. Thank you so much for your help, it was much appreciated.

## Answer This Question

## Related Questions

- Real Estate - An owner lists her home at a 7% commission rate and wants to net $...
- Real Estate - An owner lists his home and agrees to pay a 6% commission provided...
- math - vivian sold her home through a real estate company. Vivial received $140,...
- math - Samir's mom is a real estate agent. When she sells a house, she receives ...
- algebra - At a certain real estate firm,realtors selling homes receive a ...
- algebra - At a certain real estate firm,realtors selling homes receive a ...
- Math - A real estate agent to sell a large apartment complex according to the ...
- Economics - Are these accurate? 2)The manager of All City realtors wants to hire...
- algebra 2 - Sonia is selling her house through a real estate agent whose ...
- math - A real estate agent receives a 9% commission for every house sold. ...

More Related Questions