Real Estate Math
An Iowa home listed at $349,900 sells for 97% of list price. What is the sale price?
A$335,000
B$339,403✓ Correct
C$346,403
D$352,399
Explanation
Sale price = $349,900 × 0.97 = $339,403. To solve this, multiply the relevant values: $349,900 at 97%.. The correct answer is $339,403.. This is a common calculation on the Iowa real estate exam.
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