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?
Solve for x.
0.94x = 140,000
x = ??
idk sorry
To find the selling price of Vivian's home, we can work backwards using the information given.
Let's assume the selling price of Vivian's home is 'x'.
The real estate agent charged a 6% commission, which means Vivian received 100% - 6% = 94% of the selling price.
So, 94% of 'x' is equal to $140,000.
To calculate this, we can set up the following equation:
0.94x = $140,000
To solve for 'x', we divide both sides of the equation by 0.94:
x = $140,000 / 0.94
Evaluating this expression gives us:
x = $148,936.17
Therefore, the selling price of Vivian's home was approximately $148,936.17.