Question

The price of a house is originally listed at $250,000. The owners are having a hard time selling it and decide to reduce the price to $187,500. What is the percentage decrease of the price of the house?

62.5%
2.5%
25%
75%

Answer 1

what do we do to 250,000 to make it 100,000?

Answer 2

divide

Answer 3

by 2.5

Answer 4

187,500 / 2.5 = ?

Answer 5

75000

Answer 6

10000-75000=25000

Answer 7

25%

Answer 8

Hmmmm
{old price - new price}/{old price}

Answer 9

Its basically the difference btwn the prices divided by the old price