Real Estate Math
A West Virginia buyer negotiates the seller down from $280,000 to $265,000. The buyer saved what percentage from the original asking price?
A4.8%
B5.4%✓ Correct
C5.7%
D6.1%
Explanation
Savings = $280,000 - $265,000 = $15,000. Percentage savings = $15,000 ÷ $280,000 ≈ 5.
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