# Estate Agents Tip: Real Estate Exam Math / Percentages

Everybody hates math when preparing for their Real Estate exam. However some concepts are easy to grasp if you just take a second to refresh some lessons from middle school. Percentages is one we can all grasp as a way to ensure success on the Real Estate test.

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I am so confused.. why not just add or subtract the 9% for those questions?.. or am I just too used to having a the % button on my iPhone calculator?

I’m not understanding these at all..

Keep in mind that the test is multiple choice, so make sure to plug all the answers provided. (A X 1.09, B X 1.09, C X 1.09 D X 1.09)

Literally

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Good

Thank you so much I appreciate your skill in making learning concise and simple

The second example is incorrect. Here’s the proper algebra. Let cost = C. Then sell price S = Cost – 9%*Cost = C(1-.09) which means S=0.91C or C = S /0.91 = 345k/0.91 = $379,120.88.

I love how I can take pre-calculus and pass with an A but not even understand this basic math. That is an issue.

I was completely confused by the second answer. Because that is not how we were taught in class. I came here to youtube to see if others also caught that it was wrong. It is wrong and needs to be removed from here.

$345,000 is 91% (.91) of $379,120.88, so $345,000 would be 9% less than $379,120.88. Formula is 345,000➗.91=379,120.87912087…

Your teaching style is no bueno

Upon my calculations the answer is 313,950.

Because the problem says house was sold at 9% more than cost (by cost I assume the original price)

So therefore original= 313.950 and sold = 345.000

9%= 31.050

Not correct. Please fix Video.

Can calculators be used on the exam?

I was thought 345,000*9/100=31,050 + 345000= 376,050

This way is different to me and even easier maybe.

Thanks!

THankyOU pREPAgenT I Passed my R.E Exam! on 10/03/2017. Forgot to post. blessings upon your life bruh! Solosolo Puefua Jr

I got the first one wrong but the second one right. My question is why can't you just substrate 31050 to 345000 and get 313950. 9 percent more is adding 31050 to get 376050. 9 percent less isn't subtracting 31050 from 345000?

I am a Math Instructor. Diana Mendez is right! On the 2nd problem, the sold price $345,000 is 9% less than the original price meaning $345,000 is (100%-9%=) 91% of the original price. So let the original price be Y, then $345,000= (100%-9%) x Y; Y should be $345,000 / 91%=$379,120.88

To double check: Amount different=Sold price-Original price=$345,000-$379,120.88 = -$34,120.88 (which negative amount means $34,120.88 less than the Original price)

Original price: $379,120.88 x 9% = $34,120.88 (9% of the Original price)

The correct answer should be $379,120.88

The key word is 9% more or less the original price not sold price.

If the answer on the video original price $376,050 x 9%= $33,844.5, so sold price is 9% less of the original price

$376,050 – $33,844.5= $342,205.5 then the sold price should be $342,205.5 not $345,000!

How is this correct? It's like $3,800 off!

$376050-9%=342,205.53

I'm a little confused, when doing the problem you gave why wouldn't you take 345,000x.09 and then subtract the answer from the 345,000?

thanks so much for doing this slowly, I have been running from math since junior high, but now I'm in real estate school and I can't anymore, but I'm starting to feel more comfortable with this math demon

can you do a video explaining the amortization chart . please

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on the second problem it says 9% less. shouldnt we take 100-9 %=

I'm confused.. So is the original cost of the house $316,513.76 OR is it $376,050?? That is more than a 50K difference. What if both of those answers are choices within a multiple choice selection? I VERY much–admittedly–suck at math (which is why my BA is in history). Thus, I'm brushing up on what I already had a difficult time with 30+ years ago. Besides the brain portion for math, what am I missing here? [Insert Ferris Buelller's teacher]: "Anyone?…Anyone??] Thanks.

You have no idea how much this helped.The school I'm in made it very confusing and you put it into a very easy way to understand. Thank you!

Bravo !

You Rock!