Real Estate Math
A Kentucky property has a list price of $375,000 and sells for 96% of list price. What is the sale price?
A$355,000
B$358,750
C$360,000✓ Correct
D$362,500
Explanation
Sale price = $375,000 × 96% = $360,000. To solve this, multiply the relevant values: $375,000 at 96%.. The correct answer is $360,000.. This is a common calculation on the Kentucky real estate exam.
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