Real Estate Math
A house in Evansville, Indiana listed at $195,000 sold for 97% of the listing price. What was the sale price?
A$185,000
B$189,150✓ Correct
C$192,000
D$194,000
Explanation
Sale price = $195,000 × 0.97 = $189,150. To solve this, multiply the relevant values: $195,000 at 97%.. The correct answer is $189,150.. This is a common calculation on the Indiana real estate exam.
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