The list price of the house is $260,869.57
What is a list price?
This is the price the property is valued to sell at in an arm's length transaction in a transaction that occurs between independent parties.
In this case, the property was sold for 92% of its list price, which means the sales price is 92% multiplied by the list price.
sales price=92%* list price
sales price=$240,000
list price=unknown(assume it is X)
$240,000=92%*X
X=$240,000/92%
X=$260,869.57
Find additional guidance on list price in the link below:
https://brainly.com/question/23103804
#SPJ1
