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The price of a house is originally listed at $140,000. The owners are having a hard time selling it and decide to reduce the price to $131,600. What is the percentage decrease of the price of the house? |
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Answer» -STEP explanation:Original price of the house = $ 245000Due to PROBLEMS in SELLING, the price was reduced to = $203350Hence, the reduced amount is = 245000-203350245000−203350= 4165041650Percentage decrease =\frac{Reduced amount}{original amount}\times100 originalamountReducedamount ×100= \frac{41650}{245000}\times100 24500041650 ×100 =17%Hence, the decrease PERCENTAGE of the house is 17%. |
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