Real estate 2

A real estate agent sold a lot for Php.550,000. If his agency pays at 10% commission, how much commission will he or she receive?

Result

c =  50000

Solution:

$x \cdot \ (1+\dfrac{ 10 }{ 100 } ) = 550000 \ \\ x = 550000/1.10 = 500000 \ \\ \ \\ c = 0.10 \cdot \ x = 0.10 \cdot \ 500000 = 50000$

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