Real Estate Math
A North Dakota property sold at 96% of its listed price of $375,000. What was the actual sale price?
A$345,000
B$360,000✓ Correct
C$365,000
D$375,000
Explanation
Sale price = $375,000 × 96% = $375,000 × 0.96 = $360,000. To solve this, multiply the relevant values: $375,000 at 96%.. The correct answer is $360,000.. This is a common calculation on the North Dakota real estate exam.
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