The price of a house is originally listed at $245,000. The owners are having a hard time selling it and decide to reduce the price to $203,350. What is the percentage decrease of the price of the house?

Respuesta :

Original price of the house = $ 245000

Due to problems in selling, the price was reduced to = $203350

Hence, the reduced amount is = [tex]245000-203350[/tex]

= [tex]41650[/tex]

Percentage decrease =

[tex]\frac{Reduced amount}{original amount}\times100[/tex]

= [tex]\frac{41650}{245000}\times100[/tex] =17%

Hence, the decrease percentage of the house is 17%.

Answer:

17 percent

Step-by-step explanation: