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If you were to purchase a $10 million asset all cash and sell the asset in the future at $11 million, you have made $1 million profit, a 10% return. Table. Here is a list of real estate math definitions that are essential for both obtaining your real estate license and taking the real estate exam. Real Estate Mathematics 349 Questions 351 Answers 366 APPENDIX A Salesperson’s Practice Final Examination 379 General Information 379 Specific Information 379 Exam Content Outline and Allocated Percentage 380 Sample Salesperson Real Estate Licensing Examination 382 Answers 391 QA_Help_Pass_RE_Exam_9E.indb 4 9/12/2014 10:31:40 AM SAMPLE xviii Real Estate Investing For Dummies, 2nd Edition . In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this includes about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. 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