Real Estate Math
A property was listed at $299,000 and sold at a 2.3% discount. What was the sale price?
A$292,127✓ Correct
B$292,023
C$292,177
D$291,500
Explanation
Discount = $299,000 x 2.3% = $6,877. Sale price = $299,000 - $6,877 = $292,123. To solve this, multiply the relevant values: $299,000 at 2.3%.. The correct answer is $292,127.. This is a common calculation on the Oklahoma real estate exam.
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