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Condos

GRE-LFPOLL

Melissa sold her condominium for a price that was 22% more than the price she had paid for it seven years ago. If she bought her condo for a price that was 34% less than the original owner's $225,000 asking price, which of the following must be true? Select ALL that apply.

A

The original owner of the condo lost money when he sold it to Melissa.

B

Melissa bought the condo for $148,500.

C

5 percent of the price (realtor's commission) at which Melissa sold the condo is $9,058.50.

D

Melissa netted a profit of over $35,000
on the sale of her condo.