The commission of the real estate agent is 6% on the selling price of the house. The commission received is 8880.
Let the selling price be S.
We have 6% of S equal to 8880
=> .06* S = 8880
=> S = 8880/.06
=> S = 148000
Therefore the selling price is $148,000.
Let us assume that the selling Price of the house is X.
The real estate agent recieved 6% of the selling price which is 8,880 dollars.
Then we will write: 6% (x) = 8,880
==> (6/100) x = 8880
Let us solve for x.
Let us multiply by 100/6
==> x = 8880 * 100/6
==> x = 148,000 dollars
Then, the selling price of the house is $148,000