Question

A house on the market was valued at $233,000. After several years, the value decreased by 15%. By how much did the house's value decrease in dollars? What

is the current value of the house?
Decrease in value:

Current house value:

Answer 1

• decrease: $34,950
• current value: $198,050

Explanation:

The decrease in value is ...

15% of $233,000 = $34,950

The current house value is ...

$233,000 -34,950 = $198,050