Real Estate Math
A property's assessed value increased from $280,000 to $308,000. What is the percentage increase in assessed value?
A8%
B10%✓ Correct
C12%
D15%
Explanation
Increase = $308,000 − $280,000 = $28,000. Percentage = $28,000 ÷ $280,000 = 0.
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