The selling price of an apartment dropped from 250,000 to 225,000. By What percent did the price drop?
1 answer:
Answer:
10%
Step-by-step explanation:
The percentage decrease in price = x 100%
Original amount = 250,000
New amount = 225,000
Decrease in amount = 250,000 - 225,000
= 25,000
So that;
Percentage decrease in price = x 100%
= 0.1 x 100%
Percentage decrease in price = 10%
The price of the apartment dropped by 10% of its original price.
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