Real Estate Math
A Kansas buyer negotiates a seller concession of 3% on a $275,000 purchase. How much is the seller concession?
A$7,250
B$8,250✓ Correct
C$8,750
D$9,250
Explanation
$275,000 × 0.03 = $8,250 seller concession. To solve this, multiply the relevant values: $275,000 at 3%.. The correct answer is $8,250.. This is a common calculation on the Kansas real estate exam.
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