Real Estate Math
A Vermont seller nets $315,000 after paying a 5% commission on the sale. What was the sale price?
A$330,750
B$331,579✓ Correct
C$315,000
D$325,000
Explanation
If the seller nets 95% of the sale price (after 5% commission), then: Sale price × 0.95 = $315,000.
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