Comments on: Math help needed…please help? http://www.serbianproperties.info/golf-club-properties/math-help-needed-please-help Wed, 01 Feb 2012 09:39:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Jun Agruda http://www.serbianproperties.info/golf-club-properties/math-help-needed-please-help/comment-page-1#comment-848 Jun Agruda Wed, 24 Feb 2010 01:20:59 +0000 http://www.serbianproperties.info/golf-club-properties/math-help-needed-please-help#comment-848 On real estate commission: = 0.04($109,000 + $129,000 + $165,000) = 0.04($403,000) = $16,120 Answer: You're right! --------------- Larry's commission rate: = 100%($287/$4,100) = 100%([$287/$41]/[$4,100/$41]) = 100%(7/100) = 700/100% or 7% Answer: 7% instead of 8%. --------------- Sales tax rate: = 100%([$185.40 - $180.00]/$180.00) = 100%($5.40/$180.00) = 100%(0.03) = 3% Answer: You're right! --------------- Purchase price: = $7.20/0.06 = $120.00 Answer: $120.00 is the purchase price. -------------- Retail price of golf clubs: = $443.10/(1 + 5.5%) = $443.10/1.055 = $420.00 Answer: $420.00<br><b>References : </b><br> On real estate commission:
= 0.04($109,000 + $129,000 + $165,000)
= 0.04($403,000)
= $16,120

Answer: You’re right!
—————
Larry’s commission rate:
= 100%($287/$4,100)
= 100%([$287/$41]/[$4,100/$41])
= 100%(7/100)
= 700/100% or 7%

Answer: 7% instead of 8%.
—————
Sales tax rate:
= 100%([$185.40 - $180.00]/$180.00)
= 100%($5.40/$180.00)
= 100%(0.03)
= 3%

Answer: You’re right!
—————
Purchase price:
= $7.20/0.06
= $120.00

Answer: $120.00 is the purchase price.
————–
Retail price of golf clubs:
= $443.10/(1 + 5.5%)
= $443.10/1.055
= $420.00

Answer: $420.00
References :

]]>