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TEXAS PRINCIPLES OF REAL ESTATE II
2025/2026|Actual Exam With 100%
Verified Questions And Correct Answers|
Excellent Scores
Mixed Numbers - Correct-answer-A number containing both a whole
number and a fraction (examples: 1⅓; 9⅞)
Improper Fractions - Correct-answer-a fraction with its numerator
equal to or greater than its denominator
Commission Calculation - Correct-answer-Sales price X rate of
commission = total commission
Solving for the Commission Rate - Correct-answer-Commission Rate =
Commission ÷ Price
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Solving for the Property's Price - Correct-answer-Price = Commission ÷
Commission Rate
Profit - Correct-answer-Profit (or Loss) = Selling price - Original cost
Profit Percentage - Correct-answer-Percentage of profit = Profit ÷
Original cost
Profit Margin - Correct-answer-Profit margin = Profit ÷ Selling price
Interest - Correct-answer-the price paid for the use of borrowed money
3 types of interest calculations - Correct-answer-Simple interest, add-
on interest, and compound interest
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Simple interest - Correct-answer-Interest = principal x rate x time
Add-on interest - Correct-answer-loan amount x contracted interest
rate x number of payments
Add-on interest APR - Correct-answer-APR = 2 x number of payment
periods in one year x total financing charges ÷ (principal, or amount
borrowed x (number of scheduled payments +1)
Compound interest - Correct-answer-interest which is computed on the
principal amount plus the accrued interest.
Compound Interest Formula - Correct-answer-Compound amount =
Initial deposit (1 + Interest rate)n
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Points - Correct-answer-a one-time service charge to the borrower for
making the loan
Two types of points - Correct-answer-origination fee and discount
points
Loan-to-Value Ratio (LTV) - Correct-answer-expresses the relationship
between a property's purchase price and its loan amount.
Loan-to-Value formula - Correct-answer-LTV ratio = (Loan amount ÷
Value)
Area of a rectangle - Correct-answer-Area = length x width
Area of a square - Correct-answer-Area = side x side
TEXAS PRINCIPLES OF REAL ESTATE II
2025/2026|Actual Exam With 100%
Verified Questions And Correct Answers|
Excellent Scores
Mixed Numbers - Correct-answer-A number containing both a whole
number and a fraction (examples: 1⅓; 9⅞)
Improper Fractions - Correct-answer-a fraction with its numerator
equal to or greater than its denominator
Commission Calculation - Correct-answer-Sales price X rate of
commission = total commission
Solving for the Commission Rate - Correct-answer-Commission Rate =
Commission ÷ Price
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Solving for the Property's Price - Correct-answer-Price = Commission ÷
Commission Rate
Profit - Correct-answer-Profit (or Loss) = Selling price - Original cost
Profit Percentage - Correct-answer-Percentage of profit = Profit ÷
Original cost
Profit Margin - Correct-answer-Profit margin = Profit ÷ Selling price
Interest - Correct-answer-the price paid for the use of borrowed money
3 types of interest calculations - Correct-answer-Simple interest, add-
on interest, and compound interest
,3|Page
Simple interest - Correct-answer-Interest = principal x rate x time
Add-on interest - Correct-answer-loan amount x contracted interest
rate x number of payments
Add-on interest APR - Correct-answer-APR = 2 x number of payment
periods in one year x total financing charges ÷ (principal, or amount
borrowed x (number of scheduled payments +1)
Compound interest - Correct-answer-interest which is computed on the
principal amount plus the accrued interest.
Compound Interest Formula - Correct-answer-Compound amount =
Initial deposit (1 + Interest rate)n
, 4|Page
Points - Correct-answer-a one-time service charge to the borrower for
making the loan
Two types of points - Correct-answer-origination fee and discount
points
Loan-to-Value Ratio (LTV) - Correct-answer-expresses the relationship
between a property's purchase price and its loan amount.
Loan-to-Value formula - Correct-answer-LTV ratio = (Loan amount ÷
Value)
Area of a rectangle - Correct-answer-Area = length x width
Area of a square - Correct-answer-Area = side x side
