Real Estate Math
An investment property sold for $500,000. The investor paid $350,000 five years ago. What is the percentage gain?
A30%
B42.86%✓ Correct
C150%
D43%
Explanation
Gain = $500,000 - $350,000 = $150,000. Percentage gain = $150,000 ÷ $350,000 = 0.
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