Real Estate Math
A Washington broker lists a home at $540,000. After 3 price reductions of $10,000 each, what is the final listing price?
A$510,000✓ Correct
B$495,000
C$500,000
D$520,000
Explanation
Total reduction = 3 × $10,000 = $30,000. Final listing price = $540,000 – $30,000 = $510,000. Using the values given ($540,000, $10,000), apply the appropriate formula.. The correct answer is $510,000.. This is a common calculation on the Washington real estate exam.
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