Real Estate Math
A Montana buyer negotiates a purchase price of $285,000 on a home listed at $299,500. What percentage discount did they negotiate from the list price (rounded)?
A3.5%
B4.8%✓ Correct
C5.1%
D6.2%
Explanation
Discount = ($299,500 - $285,000) / $299,500 = $14,500 / $299,500 = 0.0484 = approximately 4.
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