Question

Owners of 800 homes in a subdivision list their houses, on average, every eight years. If a sales associate farms that neighborhood and lists 20% of the homes, how many homes can she expect to list this year

Answer 1

20 homes

Explanation:

Given that :

Total number of homes = 800

Average years at which homes are listed = 8 years

To obtain the annual home listing = total number of Homes / average years

Annual home listing = 800 / 8

Annual home listing = 100 homes

If 20% of the homes are listed on the year in question :

20% of 100 homes

0.2 * 100

= 20 homes

20 homes can be listed that year