Arealtor makes 5% commission on each sale.

define the variables and write an equation to represent the relationship between the price of a home and the commission received.

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VARIABLES

: The comission received.

: The price of a home.

EQUATION

Step-by-step explanation:

The amount of money a salesperson earned after selling a product is  called "Comission".

The comission and the price of the product sold by salesperson, are directly proportional.

By definition, Direct proportion equations have the following form:

Where "k" is the constant of proportionality.

Let be:

: The comission received.

: The price of a home.

Since the realtor makes 5% commission on each sale, the comission is the constant of proportionality.

Knowin that:

We get that the constant of proportionality is:

Therefore, the equation that represents the relationship between the price of a home and the commission received is:

step-by-step explanation: