Question

A house on the market was valued at $225,000. After several years, the value decreased by 9% how much did the house's value decrease in dollars? What is the current value of the house?

Answer 1

Decrease: $20,250

Current value: $204,750

Explanation:

To find the 9% of $225,000:

9 x 225000

(divide) 100

= 20,250

To find the current value:

225,000

- 20,250 = $204,750

Hope this helps :)