In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.

Question

Mathematics

Turkey

22 June, 07:13

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.

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Answers (1)

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Argus · Answer 1

94.5%

Step-by-step explanation:

Percent decrease can be represented as

[original price] * percentage = [new price]

When trying to find the percentage, you can manipulate the equation by dividing both sides by the original price to get:

percentage = [new price] / [original price]

In this case, this is represented by 192300/203400, or 94.5%

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.Round your answer to the nearest tenth of a percent.

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.