Real Estate Math
If a property's value increased from $220,000 to $275,000 over 5 years, what was the total percentage increase in value?
A20%
B25%✓ Correct
C55%
D10%
Explanation
Increase = $275,000 − $220,000 = $55,000. Percentage increase = $55,000 ÷ $220,000 = 0.
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