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Updated about 15 years ago on . Most recent reply

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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
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A Math Question

Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
Posted

So I reviewed the test that I failed today. I came across a question that I thought would interest you guys.

You buy a property at 25% below listing price. Six months later, you sell that property for the original listing price. What is you profit %

a) 20%
b) 25%
c) 33%
d) 40%

Most Popular Reply

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1,906
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Mitch Kronowit
  • SFR Investor
  • Orange County, CA
1,397
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1,906
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Mitch Kronowit
  • SFR Investor
  • Orange County, CA
Replied
Originally posted by BryanA:
I did it the same except a 40k property

That's because we're in SoCal. We're used to bigger numbers! :mrgreen: :-p

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