Real Estate Math
A Mississippi buyer makes an offer of $215,000 on a property listed for $229,900. The offer represents what percentage of the list price (rounded to nearest whole percent)?
A93%✓ Correct
B95%
C91%
D97%
Explanation
Percentage of list price = Offer ÷ List Price = $215,000 ÷ $229,900 = 0.9352 = approximately 93.
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