Real Estate Math
An investor buys a property for $425,000 and sells it 3 years later for $510,000. What is the percentage gain?
A16.7%
B20%✓ Correct
C17.6%
D18.3%
Explanation
Gain = $510,000 - $425,000 = $85,000. Percentage gain = $85,000 ÷ $425,000 = 0.
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