In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.

Question

Mathematics

Maggie Cooper

20 March, 20:49

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.

+2

Answers (1)

Know the Answer?

Taniya Barrera · Answer 1

94.5%

Step-by-step explanation:

Percent decrease can be represented as

[original price] * percentage = [new price]

When trying to find the percentage, you can manipulate the equation by dividing both sides by the original price to get:

percentage = [new price] / [original price]

In this case, this is represented by 192300/203400, or 94.5%

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.Round your answer to the nearest tenth of a percent.

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Round your answer to the nearest tenth of a percent.