Tuesday, October 20, 2026 · Real Estate Math
An investor bought a property for $240,000 and wants to sell it for a 10% profit. What must the sale price be?
- A. $24,000
- B. $264,000
- C. $240,000
- D. $216,000
Reveal the answer
Answer: B
Sale price = cost × (1 + profit%) = $240,000 × 1.1 = $264,000.