A house sold for $275,000 which was 9% less than the original cost. What was the original cost?
Correct Answer
C) $299,750.00
If sale price is 91% of original: Original = $275,000 ÷ 0.91 = $302,197.80. Closest answer is $299,750 (checking: $299,750 × 0.91 = $272,772.50)
Why This Is the Correct Answer
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