Real Estate Math
A Wisconsin seller receives $267,000 net after paying a 6% commission. What was the sale price?
A$281,000
B$283,000
C$284,043✓ Correct
D$285,000
Explanation
Net = Sale Price × (1 - 0.06). Sale Price = $267,000 / 0.94 = $284,043. To solve this, multiply the relevant values: $267,000 at 6%.. The correct answer is $284,043.. This is a common calculation on the Wisconsin real estate exam.
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