Math Problem Statement
A real estate agent has a new sales goal and must sell a mix of apartments, condos, and houses. In six months, the real estate agent sells 3 apartments for $334221 each, 7 condos for $487817 each, and 10 houses for $1138494 each. Calculate the average price of the properties that this real estate agent sold. Round your answers to two decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Averages
Multiplication
Division
Formulas
Total Revenue = (Number of Apartments × Price of Apartment) + (Number of Condos × Price of Condo) + (Number of Houses × Price of House)
Average Price = Total Revenue ÷ Total Number of Properties
Theorems
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Suitable Grade Level
Grades 9-11
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