Question

Jordan’s house cost $100000 in the year 2000. In 2008 she sold it for 90000. What was the percentage of change in the price of the house

Answer 1

There would be a 10% decrease/change

Answer 2

Answer: 10% decrease

Explanation:

Hi, to answer this question, first, we have to calculate the difference between the prices:

Decrease: original cost - new cost

100,000-90,000= 10,000

Then we have to divide the decrease by the original number and multiply it by 100 to obtain the percent decrease

(10,000/100,000) x 100 =0.1 x100=10%

Feel free to ask for more if needed or if you did not understand something.