Real Estate Math
A Wisconsin seller receives a net of $325,000 after a 5.5% commission. What was the selling price?
A$340,634
B$341,534
C$343,915
D$344,444✓ Correct
Explanation
Net = Selling price × (1 - commission rate). Selling price = $325,000 / (1 - 0.055) = $325,000 / 0.945 = $344,444.
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