Range of the selling price for car selling and inequality
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Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough to at least pay off the loan. What is the range of the selling price?
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This solution is comprised of a detailed explanation to write the inequality and range of the selling price for car selling problem.
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If a broker will charges a commission of 10%, then it means that Ronald will have only 90% left. As Ronald still owes $11,025 on the car, 90% of what Ronald receives should be at least equal or higher than $11,025. So, in order to ...
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