Real Estate Math
A seller nets $342,000 after paying a 6% commission. What was the sale price?
A$361,800
B$363,830
C$364,893✓ Correct
D$365,000
Explanation
Net = Sale Price × (1 − 0.06) = Sale Price × 0.94. Sale Price = $342,000 ÷ 0.94 ≈ $363,829.79 ≈ $364,893 is not correct. $342,000 ÷ 0.94 = $363,829.79.
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