Real Estate Math
A seller nets $312,000 after paying a 5% commission. What was the sale price of the property?
A$327,600
B$328,421✓ Correct
C$315,120
D$330,000
Explanation
The seller nets 95% of the sale price. Sale price = $312,000 ÷ 0.95 = $328,421 (rounded to the nearest dollar).
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