Carlo sold his house for P8,000,000. The real-estate agent got a 5% commission from the sales. From his commission, he has to pay BIR tax and other obligations required for the transfer of ownership
of the property to the buyer. This expense represents 6% of his total commission. How much net
amount will he receive?

The net amount received is 7,120,000

Step-by-step explanation:

The computation of the net amount received is shown below:

= Sale value of the house - real agent commission - expenses

= 8,000,000 - 8,000,000 × 5% - 8,000,000 × 6%

= 8,000,000 - 400,000 - 480,000

= 8,000,000 - 880,000

= 7,120,000

Hence, the net amount received is 7,120,000

The same is relevant

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.