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) About Me  (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?
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x/100 = 20842/40817
x = 100* 0.5106
x = 51.06 %
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Cheers,
Stan H.