Natalie intends to achieve a 25% profit on a sale of $70,000. To calculate, she does the following:
(125 ÷ 100) × 70000 = $87500.
Natalie aims for $87500, however, the agent will take a 6% commission on the sale price, so she must include this amount, calculated as:
(106 ÷ 100) * 87500 = $92750.
For the total of $92750, there is an additional closing cost of $1200,
This gives us $92750 + $1200 = $93950.
When rounding $93950 to the nearest hundred, we arrive at $94000.
Therefore, to secure a 25% profit, Natalie should set the final sale price at $94000.