1.

An auctioneer charges 8% for selling a house. If the house is sold for$230500.Find the charges of the auctioneer

Answer»

The auctioneer GETS 8% (0.08 in DECIMAL form) of the sale price:

($230,500)*(0.08) = $_______

You can also solve this by setting up a PROPORTION:

8% $x
-------- = -------------
100% $230,500

Solve for x, where x is the amount of MONEY the auctioneer gets.



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