Real Estate Math
A property was listed for $310,000 and sold for $295,000. What was the sales price as a percentage of the list price?
A95.2%✓ Correct
B94.8%
C96.1%
D93.5%
Explanation
$295,000 ÷ $310,000 ≈ 0.9516 = 95.2%. Using the values given ($310,000, $295,000), apply the appropriate formula.. The correct answer is 95.2%.. This is a common calculation on the Alabama real estate exam.
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