Real Estate Math
A salesperson earns a commission of $9,000 on a sale. This represents 3% of the sale price. What did the property sell for?
A$270,000
B$300,000✓ Correct
C$285,000
D$315,000
Explanation
Sale price = Commission ÷ Rate = $9,000 ÷ 0.03 = $300,000.
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