Real Estate Math
A Kansas agent lists a home at $199,500 and it sells for $194,000. What is the sale-to-list ratio?
A95.3%
B96.5%
C97.2%✓ Correct
D98.1%
Explanation
Sale-to-list ratio = $194,000 ÷ $199,500 = 0.97243 ≈ 97.2%. Using the values given ($199,500, $194,000), apply the appropriate formula.. The correct answer is 97.2%.. This is a common calculation on the Kansas real estate exam.
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