The seller listed his home for a price which exceeded the appraisal by 18%.
He lowered the lisiting price to $218,000.
What was the original listing price ?
The answers, along with the corresponding solution, will be posted below the photographs at the bottom of the page, so spend a little time on it before you make your way to the bottom. It helps to keep your math skills sharp. Hope you have a fine week ahead.
A. $265,853.66 rounded $265, 854
subtract 18 from 100 percent to get 82 or 82% which is also .82
Divide $218,000 by .82 to get $265,853.66 or rounded $265,854
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