Medal Reward!

A man buys a house for $16,000. He wishes to sell it at a profit of $1000 after paying the legal fees of $100 and a commission of 5% of the selling price. He must sell the house for

(A) $17,100
(B) $17,800
(C) $17, 900
(D) $18,000
(E) $18,850

Question

Medal Reward!

A man buys a house for $16,000. He wishes to sell it at a profit of $1000 after paying the legal fees of $100 and a commission of 5% of the selling price. He must sell the house for

(A) $17,100
(B) $17,800
(C) $17, 900
(D) $18,000
(E) $18,850

anonymous · Answer

I think the answer is b,but just in case if im wrong im going to re-post your question and see if other people got the same of different answer as me

anonymous · Answer

@KawasumiKimiko

anonymous · Answer

yeh?

anonymous · Answer

do you understand english. what does yeh? mean are you confuse with what i said because i can traslate in japanese @KawasumiKimiko

anonymous · Answer

Lol, i understand english. Yeh just means yeah btw.

anonymous · Answer

oh sorry

tkhunny · Answer

P = Selling Price
P*0.05 = Commission
100.00 = Legal Fees
1000 = Profit

P - P*0.05 - 100.00 - 1000 = 16000

0.95P = 17100

P = 18000.00

anonymous · Answer

good job @tkhunny

anonymous · Answer

Thank you! ^^

tkhunny · Answer

One piece at a time.  There should be a  logical and consistent order to your thinking.  The notation should help your organize and remember.