Question

A condo is listed for $230,000. After a year, It’s marked down to $200,000. What was the percent change?

Answer 1

13.0434782609%

Explanation:

200000 - 230000

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230000

x 100% = 13.0434782609% - 100 = 86.9565217

86.9565217 x 230,000 = 200,000