Real Estate Math
A NJ seller received $310,000 net after paying a 5% commission and $4,500 in closing costs. What was the sales price?
A$330,000
B$314,500✓ Correct
C$325,500
D$320,000
Explanation
Net = Sales Price × (1 – commission) – closing costs. $310,000 = SP × 0.
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