Real Estate Math
If a property sold for $680,000 and the seller had purchased it for $420,000, what was the percentage gain?
A38.2%
B61.9%✓ Correct
C62.0%
D53.6%
Explanation
Gain = $680,000 − $420,000 = $260,000. Percentage gain = $260,000 ÷ $420,000 = 0.
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