top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

    Get Free Puzzle Updates

Facebook Login
Site Registration

How much must the Agent sell the house for?

0 votes

Arun purchased a house for $ 149052. He wants to sell it for a profit of exactly 14%. However, he does not want to sell it himself. He wants a Real Estate Agent to sell it for his. The Agent must make a commission of exactly 5.6% (in addition to Arun's 14% profit).

How much must the Agent sell the house for?

posted Jul 15, 2014 by Brijesh Talwar

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

$ 179,434.76

Purchase price = $149,052.00
Add: 14% profit = $ 20,867.28
Total = $169,919.28
Add: 5.6% Com.= $ 9,515.48
Sell price = $ 179,434.76

answer Jul 15, 2014 by Kunal Shah
Contact Us
+91 9880187415
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Karnataka INDIA.