Real Estate Math
A Maine buyer offers $355,000 on a home asking $375,000. The seller counters at $368,000. If the buyer accepts, the final price is what percentage below the original asking price?
A1.9%✓ Correct
B2.1%
C3.5%
D5.1%
Explanation
($375,000 − $368,000) ÷ $375,000 = $7,000 ÷ $375,000 = 1.87%, approximately 1.
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