Real Estate Math
A Connecticut property's list price is $485,000. It sells for $497,125. What percentage over asking price did it sell for?
A2%
B2.5%✓ Correct
C3%
D3.5%
Explanation
Over-asking amount = $497,125 − $485,000 = $12,125. Percentage = $12,125 ÷ $485,000 = 0.
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