Real Estate Math
A seller in Idaho paid $315,000 for a home and sold it for $378,000 three years later. What percentage profit did they make on the original cost?
A15%
B18%
C20%✓ Correct
D25%
Explanation
Profit = $378,000 - $315,000 = $63,000. Percentage profit = $63,000 / $315,000 x 100 = 20%.
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