# algebra

posted by Catina

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?

1. sushi

add 0.06 to both sides to cancel the 0.06 out.

2. sushi

what grade are you in?

3. Catina

I am in college. The answer says the next answer is .94s=141,000 and I do not see how they get .94s

4. cece

1s minus .06s = .94s

5. cece

s should equal \$150,000

6. Catina

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.

## Similar Questions

1. ### algebra

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 …
2. ### algebra

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 …
3. ### math

vivian sold her home through a real estate company. Vivial received \$140,000 after she paid the real estate agent a 6% commission. What was the selling price of her home?
4. ### Economics

Are these accurate? 2)The manager of All City realtors wants to hire some real estate agents to specialize in selling housing units acquired by the Resolution Trust Commission (RTC) in its attempt to bail out the savings and loan industry.
5. ### Math

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 …
6. ### math

Samir's mom is a real estate agent. When she sells a house, she receives a commission that is 6% of the selling price of the house. If she sells a house for \$180,000, what is her commission for this sale?
7. ### Math

Karl wants to get \$80,000 for his house the real estate agent charges 8% of the selling price for selling the house. What should the selling price be?
8. ### algebra 2

Sonia is selling her house through a real estate agent whose commission is 6% of the selling price. What should be the selling price so Sonia can get \$84,600?
9. ### Real Estate

An owner lists his home and agrees to pay a 6% commission provided he nets \$10,000 after paying the commission and the balance of his mortgage, which is \$75,000. To the nearest dollar, what should the selling price be to net the owner …
10. ### Real Estate

An owner lists her home at a 7% commission rate and wants to net \$45,000 after paying the mortgage balance of \$68,000 and the broker's commission. To the nearest dollar, what should the selling price be to net her \$45,000?

More Similar Questions