Posted by **Amy~** on Tuesday, September 21, 2010 at 7:32pm.

A real estate agent to sell a large apartment complex according to the following commission schedule: $45,000 plus 25% of the selling price in excess of $900,000. Assuming that the complex will sell at some price between $900,000 and $1,100,000, inclusive, over what range does the agent's commission vary? How does the commission vary as a percent of selling price?

how to solve this?

- Math -
**Amy~**, Tuesday, September 21, 2010 at 7:39pm
I don't know how to set this up.

- Math -
**Amy~**, Tuesday, September 21, 2010 at 7:41pm
the equation.

Info:

45,000 + 0.25

excess 900,000

inclusive 900,000 to 1,100,000

- Math -
**bobpursley**, Tuesday, September 21, 2010 at 7:42pm
commission= 45,000+.25(Price-900,000)

figure commission on price of 900,000, then commission on 1,100,000

then figure percent:

percent=commission/sellingprice x 100%

- Math -
**Amy~**, Tuesday, September 21, 2010 at 7:51pm
so for the "price" I put in 900,000 and then 1,100,000?

- Math -
**Amy~**, Tuesday, September 21, 2010 at 7:58pm
Also to find the percent

the commission would be 45,000 and 95,000

but, what would be the selling price ?

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