Real Estate Math
A South Dakota property has a list price of $375,000 and receives an offer of $355,000. What is the offer as a percentage of the list price?
A94.6%✓ Correct
B95.3%
C94.3%
D95.6%
Explanation
Offer as percentage of list = (Offer ÷ List Price) × 100 = ($355,000 ÷ $375,000) × 100 = 0.9467 × 100 = 94.67%, approximately 94.6%.
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