157k views
4 votes
Seller Frank receives an offer of $800,000 on a property he listed at $900,000. How much is the offer as a percent of the listing price? 90.6%? 86.7%? 88.9%? 85.0%?

User Kamcknig
by
8.2k points

1 Answer

5 votes
When you want to find the value of A as a percent of B, you compute
A/B * 100%
Here, that is
$800,000/$900,000 * 100% ≈ 88.9%

_____
After you cancel all the zeros, the fraction becomes 8/9, which has a decimal equivalent of 0.8888... [repeating 8s]. Rounded to 3 decimal places, this is 0.889. You can do this one in your head.
User Marc Karp
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories