Real Estate Math
A house is listed at $499,000. After 45 days, the seller agrees to reduce the price by 3%. What is the new listing price?
A$484,030✓ Correct
B$482,530
C$483,940
D$490,000
Explanation
Price reduction = $499,000 × 3% = $14,970. New price = $499,000 – $14,970 = $484,030.
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