Real Estate Math
A NH seller receives $318,000 net after paying a 5% commission. What was the original sale price?
A$333,900
B$334,737✓ Correct
C$335,000
D$330,000
Explanation
Net = Sale Price × (1 − 0.05) = Sale Price × 0.95. Sale Price = $318,000 / 0.95 = $334,736.84 ≈ $334,737.
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