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4. Brown paid $13,275 for a property which he later offered for sale at a profit of 10%, when the property did not sell at

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4. Brown paid $13,275 for a property which he later offered for sale at a profit of 10%, when the property did not sell at this price, he later re- duced his price by 5 percent. The property sold at the reduced price, and Brown paid his agent a 6 percent commission on the sale. How much did he lose from this investment? X L.os A. $ 234.917 B. $ 832.34 C. $730.12 D. $1,327.50

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