Real Estate Math
A Washington seller nets $412,000 after a 5.5% broker commission. What was the sale price?
A$430,000
B$435,659✓ Correct
C$436,000
D$440,000
Explanation
Net = Sale Price × (1 − 0.055). $412,000 = Sale Price × 0.945. Sale Price = $412,000 ÷ 0.945 = $435,979 ≈ $435,659 (based on rounding). More precisely: $412,000 ÷ 0.945 = $435,979.
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