Question

the bakers want to sell their house for 145,500.After 2 months,the bakers decided to mark down the price of their house 8% to sell more quickly. How much are the bakers selling their house for now?

Answer 1

133,860

Explanation:

The baker was going to sell his house for 145,500 but he found that no one came to buy, so he decreased the amount by "8%".

* No we have our key elements:

- Starting amount = 145,500

- Rate of change = 8%

* We will get the "8%" of the number 145,500

- Firstly, "8%" means 8/100

- So, 0.08 will be our new rate of change.

* 145,500 will be multiplied by 0.08 to find the final answer because when we talk about the percentage of a number, we are going to talk about a part of it.

- 145,500 × 0.08 = 133,860 ; the same as

145,500 × 8/100 = 133,860