Real Estate Math
A Rhode Island homeowner purchased their home for $275,000 and is selling it for $365,000. What is the gross profit?
A$75,000
B$80,000
C$90,000✓ Correct
D$100,000
Explanation
$365,000 - $275,000 = $90,000. Using the values given ($275,000, $365,000), apply the appropriate formula..
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