# How much must the Agent sell the house for?

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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
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## 1 Solution

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`\$ 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

solution Jul 15, 2014

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