Practice & ContractsCâu 108 / 120
An investor buys a property for $250,000 and sells it for $300,000. The percentage of profit based on cost is:
a.10%
b.15%
c.16.7%
d.20%
Giải thích
Profit is $300,000 minus $250,000, or $50,000, and $50,000 divided by the $250,000 cost equals 0.20, or 20 percent. Profit percentage is typically figured on the original cost or basis. This measures return relative to the amount invested.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A home sells for $500,000 at a 6% total commission. If the listing and selling brokers split it equally, each brokerage receives:
- A sale closes on the first day of a 30-day month. Annual property taxes are $3,600, paid in arrears. Using a 360-day year, the daily tax proration amount is:
- A rectangular parcel measures 220 feet by 198 feet. Given that one acre equals 43,560 square feet, the parcel contains:
- A salesperson receives 60% of the 3% commission their brokerage earns on a $400,000 sale. The salesperson's share is:
- A broker who holds client trust funds must generally deposit them into a neutral escrow depository or a trust account no later than:
- A property manager who collects rents and leases units for owners in California generally must:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với California DRE Real Estate Salesperson License Exam · Quy trình kiểm tra