Eric sold his house through an agent who charged 8% commission on the selling price. If Eric received $117760.00 after the sale, what was the selling Price of the house?
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Answer:
let the price be x
on reducing price by 8% =x-x×8/100
=92x/100
aaprice of the home =92x/100
117760=92x/100
117760×100=92x
(117760×100)\92=x
1280×100=x
128000=x
hence price of the home is 128000
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