Real Estate Math
A South Dakota home seller nets $185,000 after paying a 6% commission. What was the sale price?
A$193,000
B$196,800✓ Correct
C$197,000
D$196,809
Explanation
Net = Sale Price × (1 - 0.06). Sale Price = $185,000 ÷ 0.94 = $196,809 ≈ $196,800. To solve this, multiply the relevant values: $185,000 at 6%.. The correct answer is $196,800.. This is a common calculation on the South Dakota real estate exam.
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