SOLUTION: 1. A house was bought in 2005 for 153,000. In 2012, it was valued at 128,000. Find the percent decrease in value of the house. round to the nearest whole number

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: 1. A house was bought in 2005 for 153,000. In 2012, it was valued at 128,000. Find the percent decrease in value of the house. round to the nearest whole number       Log On


   



Question 1006168: 1. A house was bought in 2005 for 153,000. In 2012, it was valued at 128,000. Find the percent decrease in value of the house.
round to the nearest whole number

Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
The percent decrease is found by
(153,000 - 128,000) / 153,000 then converted to a percent...
That equals .1634 or 16% to the nearest percent.