SOLUTION: The value of a house decreased from $216,000 to $164,000 . Determine the percent decrease for the value of the house

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Question 694745: The value of a house decreased from $216,000 to $164,000 . Determine the percent decrease for the value of the house
Answer by stanbon(75887) About Me  (Show Source):
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The value of a house decreased from $216,000 to $164,000 . Determine the percent decrease for the value of the house
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Quantitative Decrease = 216,000 - 164,000 = 52,000
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Percent Decrease = 52,000/216,000 = 0.24 = 24%
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Cheers,
Stan H.
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