Question

The price of a house decreased from $500,000 to $400,000 in one year. What is the percent decrease?

A. 20%

B. 25%

C. 30%

D. 35%

Answer 1

A

Explanation:

Answer 2

A) 20%

Explanation:

A) ✅

500000(0.2) = 100,000

500000 - 100,000 = 400,000

B) ❌

500000(0.25) = 125,000

500000 - 125,000 = 375,000

C) ❌

500000(0.3) = 150,000

500000 - 150,000 = 350,000

D) ❌

500000(0.35) = 175,000

500000 - 175,000 = 325,000