SOLUTION: The average sale of a house decreased from $317,000 in February, 2008 to $171,000 in February 2013. What is the absolute and the relative change?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The average sale of a house decreased from $317,000 in February, 2008 to $171,000 in February 2013. What is the absolute and the relative change?      Log On


   



Question 1036300: The average sale of a house decreased from $317,000 in February, 2008 to $171,000 in February 2013. What is the absolute and the relative change?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
The absolute amount of change is minus $146,000.
The relative amount of change is minus 46.1%,decrease over the original amount.