A Property Owner Listed His Property for 172% More Than

question 96

Essay

A property owner listed his property for 172% more than he paid for it. The owner eventually accepted an offer 11 1/2% below his asking price and sold the property for $201 100. How much did the owner pay for the property?

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Definitions:

Manic Episode

A period of unusually elevated or irritable mood, energy levels, and activity, often associated with bipolar disorder.

Mental Control

The ability to regulate one's thoughts, feelings, and actions through cognitive processes.

Psychotic Break

A severe mental disturbance characterized by a disconnection from reality, which can include hallucinations, delusions, or disordered thinking.

Major Depressive Disorder

A mental health disorder characterized by persistent feelings of sadness, lack of interest in activities, and a range of emotional and physical symptoms.