Question

Jessica bought a house at auction for $82,500. The auction company charges a 15% premium on the final bid. how much will jessica pay for the house

Answer 1

First, we need to find the 15% of $82,500 as:

$82,500\cdot15\text{ \% = 82,500 }\cdot\frac{15}{100}=12,375$

It means that Jessica will pay $82,500 for the house plus $12,375 to the auction company. So, in total, Jesica will pay for the house:

$82,500 + $12,375 = $94,875

Answer: $94.875