Real Estate Math
A home was listed at $525,000 and sold for $510,000. What is the list-to-sales price ratio?
A95.7%
B97.1%✓ Correct
C102.9%
D98.6%
Explanation
List-to-sale price ratio = Sale Price / List Price = $510,000 / $525,000 = 0.97143 = 97.
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