Real Estate Math
A buyer makes an offer of $268,000 on a $280,000 asking price. What percentage of asking price is the offer?
A93.5%
B94.5%
C95.0%
D95.7%✓ Correct
Explanation
Percentage = $268,000 / $280,000 = 0.957 = 95.7%. Using the values given ($268,000, $280,000), apply the appropriate formula.. The correct answer is 95.7%.. This is a common calculation on the Ohio real estate exam.
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