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A realtor sold Jonathan's house so he can move for a new job. The company hiring Jonathan paid the real estate agent $11,825, which is 5.5% of what the house sold for. What is the correct setup to find how much the real estate agent sold Jonathan's house for?

Respuesta :

Let the house be sold for = x

Amount paid to real estate agent = $11825

This value is 5.5% of the value of the house sold for.

[tex]\frac{5.5}{100}*x=11825[/tex]

[tex]5.5x=1182500[/tex]

[tex]x=215000[/tex]

Hence, the house was sold for $215000



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