SOLUTION: If refinishing your basement at a cost of $48,817 would add $20,842 to the resale value of your home, what percent of your cost is recouped?

SOLUTION: If refinishing your basement at a cost of $48,817 would add $20,842 to the resale value of your home, what percent of your cost is recouped?

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Question 193009This question is from textbook Practical Business Math Procedures
: If refinishing your basement at a cost of $48,817 would add $20,842 to the resale value of your home, what percent of your cost is recouped? This question is from textbook Practical Business Math Procedures

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
If refinishing your basement at a cost of $48,817 would add $20,842 to the resale value of your home, what percent of your cost is recouped?
----------------------
x/100 = 20842/40817
x = 100* 0.5106
x = 51.06 %
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Cheers,
Stan H.
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