Answer:
A. Define the variables and write an equation to represent the relationship between the price of a home and the commission received.
Commission are a form of variable-pay remuneration for services rendered or products sold.
Equation would be like this (with s for sale of a house and c for commission),
5% of s = C
B. How much commission will the realtor earn for selling a $150,000 home?
Use equation.
5% of 150,000 = C
5% of 150,000 = $7,500
C. If the realtor earned an $8750 commission, what was the price of the home? $175,000
