Question

The price of a house decreased from $225,000 to $150,000 in one year. What is the percent decrease?

a) 30%

b) 33%

c) 35%

d) 38%

Answer 1

33%

Explanation:

Divide 150000 by 225000 and you will get 0.66. This is what percentage 150000 is of 225000, which means that the percentage decrease is 1-0.66=0.33 or 33%.