Solve.
-The following is a real estate commission on the selling price of a house. 10% for the first $100,000, and
2% for the amount which exceeds $100,000
A realtor receives $13,480.00 for selling a house. What was the selling price?
A)$374,000
B)$274,000
C)$174,000
D)$3480

Question

Quizplus · Accepted Answer

The commission is $10,000 for the first $100,000 (10% of $100,000) and $3,480 for the remaining amount (2% of $174,000), totaling $13,480. Thus, the selling price is $100,000 + $174,000 = $274,000.

Solve. -The Following Is a Real Estate Commission on the Selling