Question

A homeowner is selling her house. She must pay 7% of the selling price to her real estate agent after the house is sold. Define a variable and write and solve an inequality to find what the selling price of her house must be to have at least $140,000 after the agent is paid. Round to the nearest dollar.

I know it's a little bit much to ask for that much help but if you guys could just help me with the inequality part, I'll solve it myself :)
Also, it would be really helpful if you guys could guide me through the steps.

Thank you!

Answer 1

What have you tried?

Answer 2

I literally don't know where to start.

Answer 3

Step 1 Read the problem carefully. Decide what unknown numbers are asked for and what facts are known.

Answer 4

ok i get this part. it is going to be more than or equal too 140,000

Answer 5

\[like this \ge 140,000\]

Answer 6

Good!

Answer 7

would it be like this?
s(0.07) ge 140,000

Answer 8

i mean greater than or equal too instead of ge

Answer 9

Think about this sentence in the problem:

"She must pay 7% of the selling price to her real estate agent after the house is sold"

Answer 10

What percentage of the selling price does that leave for her?

Answer 11

idk omg

Answer 12

If 100% is the entire selling price and she has to pay 7% to the real estate agent what percentage of the selling price does that leave for her?

Answer 13

Are you still there?

Answer 14

100 - 7 = 93% is the percentage of the selling price left for her.