Real Estate Math
A seller wants to net $150,000 after paying a 6% commission. What must the minimum selling price be?
A$159,000
B$159,574✓ Correct
C$160,000
D$159,043
Explanation
Selling price × (1 − 0.06) = $150,000. Selling price = $150,000 ÷ 0.94 = $159,574 (rounded to nearest dollar).
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