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The price of a house is originally listed at $225,000. The owners are having a hard time selling it and decide to reduce the price to $191,250. What is the percentage decrease of the price of the house?
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The price of a house is originally listed at $225,000. The owners are having a hard time selling it and decide to reduce the price to $191,250. What is the percentage decrease of the price of the house?

User Peter Schott
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1 Answer

3 votes
percent decrease : (original number - new number) / original number..*100
= (225,000 - 191,250) / 225,000.....* 100
= 33,750 / 225,000....* 100
= 0.15 * 100
= 15% decrease <==
User Mwilczynski
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