Real Estate Math
A seller wants to net $250,000 after paying a 6% commission. What must the property sell for?
A$265,000
B$266,000
C$250,000✓ Correct
D$260,000
Explanation
The seller nets 94% of the sale price (100% − 6% commission). Required sale price = $250,000 ÷ 0.
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