A cattle rancher is going to sell one of his prize bulls at an auction and would like to make $56,400 after paying a 6% commission to the auctioneer. For what selling price will the rancher make this amount of money?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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A cattle rancher is going to sell one of his prize bulls at an auction and would like to make $56,400 after paying a 6% commission to the auctioneer. For what selling price will the rancher make this amount of money?

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