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Quandaries & Queries
Q & Q
 Topic: real-estate
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 A house's selling price 2002-11-05 From Tanisha:a CERTAIN REAL-ESTATE AGENT RECEIVES \$6 FOR EVERY \$100 OF A HOUSE'S SELLING PRICE. HOW MUCH WAS A HOUSE SOLD FOR IF THE AGENT \$10,725._Answered by Penny Nom. Working on commission 2001-02-17 From Jay:Ron the realtor is offered a job directly out of real-estate school. He has a choice as to which way he will receive his salary the first year. Salary Plan 1: He would receive a base pay of \$2000 per month plus a 3% commission on each sale. Salary Plan 2: No base pay but a 6% commission on each sale. Write an equation to determine when it would be better to switch from the first plan to the second plan. Give a one- or two-sentence answer that includes Ron`s sales in a month. Round to the nearest dollar, if necessary.Answered by Leeanne Boehm and Penny Nom.

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