Ask Question
30 May, 23:31

E a real estate broker earns a salary of $21,000 plus 2.5% of the value of any real estate sold. last year the broker earned $52,000. what was the total value of all real estate sold by the broker?

+2
Answers (1)
  1. 31 May, 02:06
    0
    Salary of real estate broker = $21,000

    plus 2.5% of the value of any real estate sold = 2.5% = 0.025

    last year the broker earned = $52,000

    total value of real estate sold by the broker = ?

    let the total value is X, so the equation will be

    $21,000 + 2.5%of X = $52,000

    replace 2.5% with 0.025

    0.025X = $52,000 - $21,000

    0.025X = $31,000

    X = $31,000 / 0.025

    X = $1,240,000

    S the total value of real estate he sold is $1,240,000.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “E a real estate broker earns a salary of $21,000 plus 2.5% of the value of any real estate sold. last year the broker earned $52,000. what ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers