Real Estate Math
A Texas seller receives $298,500 after paying a 6% commission. What was the original sale price?
A$316,500
B$317,553✓ Correct
C$318,617
D$320,000
Explanation
Net = Price × (1 − 0.06) = Price × 0.94. Price = $298,500 ÷ 0.94 = $317,553.
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