Real Estate Math
A Minnesota property is listed for $275,000 and sells for $268,000. What is the sale-to-list ratio?
A97.5%
B96.4%✓ Correct
C98.2%
D95.0%
Explanation
Sale-to-list ratio = Sale Price / List Price = $268,000 / $275,000 = 0.9745 = 97.
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