Question

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?

Answer 1

0.92x = 80,000

x = 80,000 / 0.92

x = 86,956.52

Answer 2

.08x = 80000

80000/.08 = x

x= $1,000,000