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After real estate fees of 6% had been deducted from the proceeds of a property sale, the vendor ofthe property received $80,511. What was the amount of the real estate fee? The amount was $ Round to the nearest integer.)

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Answer #1

$5,139

the amount recevied after 6% fees deduction = $80,511.

=>amount of fees = amount received after dedcution / (100- fees rate) * fees rate

=>$80,511 / (100-6) *6

=>$80,511/94 * 6

=>856.50 * 6

=>$5,139.

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