Question

The price of a house is originally listed at $205,000. The owners are having a hard time selling it and decide to reduce the price to $149,650. What is the percentage decrease of the price of the house?

Answer 1

Answer:

The percentage decrease is 27%

Step-by-step explanation:

To find the percent decrease, first find the difference in the two costs.

$205,000 - $149,650 = $55,350

Now divide that number by the original cost.

$55,350/$205,000 = 27%