Real Estate Math
A seller nets $280,000 after paying a 6% commission. What was the sale price?
A$295,520
B$297,872✓ Correct
C$298,000
D$296,800
Explanation
Net = Sale Price × (1 - 0.06). $280,000 = Sale Price × 0.94. Sale Price = $280,000 ÷ 0.94 = $297,872.
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