Real Estate Math
A seller lists their home at $398,000 and accepts an offer at 97% of list price. What is the sale price?
A$382,060
B$386,060✓ Correct
C$391,020
D$393,060
Explanation
Sale price = $398,000 × 0.97 = $385,940 — wait, recalculating: $398,000 × 0.97 = $386,060. To solve this, multiply the relevant values: $398,000 at 97%.. The correct answer is $386,060.. This is a common calculation on the Louisiana real estate exam.
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