Real Estate Math
A Delaware buyer makes an offer of $275,000, which is 3.5% below the list price. What was the list price?
A$275,000✓ Correct
B$280,000
C$283,679
D$285,000
Explanation
Sale Price = List Price × (1 − 0.035). $275,000 = List Price × 0.965. List Price = $275,000 ÷ 0.965 ≈ $284,974.
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