Discussion about math, puzzles, games and fun. Useful symbols: ÷ × ½ √ ∞ ≠ ≤ ≥ ≈ ⇒ ± ∈ Δ θ ∴ ∑ ∫ π -¹ ² ³ °

You are not logged in.

- Topics: Active | Unanswered

**sorcha****Guest**

hello i am really stuck on this question any ideas?

An estate agent makes the following charge for sale of a house.

up to 50,000= 3% of the sale price

over 50,000= 3% of first price £50,000 plus 2% on the remainder.

calculate the charge made by the estate agent for a house solid for £89,000

**mathsyperson****Moderator**- Registered: 2005-06-22
- Posts: 4,900

The house is sold for more than £50,000, so the second price is used.

For the first £50,000, the agent charges 3% and 3% of £50,000 is £1,500.

There is still £89,000 - £50,000 = £39,000 left to deal with.

The agent charges 2% on this and 2% of £39,000 is £780.

Therefore, the agent charges £1,500 + £780 = £2,280 in total.

Why did the vector cross the road?

It wanted to be normal.

Offline