Question

The median home value in Torrance is currently $750,900. Last Year the median home price in Torrance was 650,700. What is the percent increase in the median home price in Torrance in the last year.
Anybody know this ? I’ll mark as brainliest

Answer 1

Answer:

15.40(approximately).

Step-by-step explanation:

The current price is $750900.

The last year the price was $650700.

Amount increase in the price is $(750900 - 650700) = $100200.

Hence the percentage is $\frac{100200}{650700} times 100$ = 15.40 (approximately).