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The commission for selling a house is$11825, which is 5.5% of the selling price. What is the selling price of the house?
In this case, the best method starts with finding one percent of the selling price. To do this, divide the commission ($11825) by 5.5. This gets you 1%, which is $2150. Next, multiply this number by 100, turning 1% into 100%. Your final answer is $215,000.
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