Question

you purchase a house for $124,000. and the next year sell it for $150,000. what would be did percent of increase or decrease?

Answer 1

Hello!

First we will need to find the difference of these two

`150,000 - 124,000 = 26,000`

Now we will divide

`(26,000)/(124,000) = 20.96`

Now that is a 21% increase if we round it!