An agent made a $7, 500 commission for selling a house. The commission rate is 6%.

Question

a. What was the price of the house?
b. if the commission rate is raised to 7%, what commission would the agent make for the price in part (a)?

Answer 1

.06p = 7500

Now using that p, find
.07p
Or, just calculate (7/6)(7500)

Answer 2

Thanks Steve!