During a recent housing slump, the median price of homes decreased in the United States. If James bought his house for $360,000 and the value 1 year later was $253,800, compute the percent decrease in the value of the house. If necessary, round to the nearest tenth of a percent.


Answer 1

Purchase price of the house = $360,000

Price of the house after 1 year = $253,800

Percent decrease in the value of the house = * 100

⇒ Percent decrease in the value of the house = * 100

⇒ Percent decrease in the value of the house = * 100

⇒ Percent decrease in the value of the house = 29.5%

Hence, the price of the house decreased by 29.5% over an year.

Related Questions


Min Jee is renovating a house. The living room is a rectangle 22 2/3 feet long and 17 1/4 feet wide. Min Jee wants to put in new flooring in the living room. The flooring is sold by the square yard for $13.59. How much flooring does she need and how much will it cost?



Find out  the  how much flooring does she need and how much will it cost .

To prove

As given

Min Jee is renovating a house.



Area of a rectangle = Length × Breadth

Put all in the formula

As 1 feet = 0.3 yard

Flooring Min Jee needs = 391 × 0.3 × 0.3

                                        = 35.19 yard²(Approx)

As given

The flooring is sold by the square yard for $13.59.


The cost of the flooring = 13.59 × 35.19

                                       = $478.23

Therefore the flooring Mic Jee needs be 35.19 yard²(Approx) and the cost of the flooring is $478.23 .

She will nee 391 square feet of flooring at $13.59: $5313.69

there were 18 boys and 12 girls playing dodge ball what percent of the players playing dodge ball were girls


Answer: Answer is 40%

Step-by-step explanation: The total number of players in the game is 30 (that is boys and girls added together becomes 18 + 12= 30) altogether which is a hundred percent. The percentage of girls playing the game is calculated as;

12/30 × 100%

=2/5 × 100%




On a scale drawing with a scale of 1/50, the height of a building is 12.6 inched. How tall is the actual building?


The actual building is 630 

The radius of a circle is three meters. What is the circle’s diameter


The diameter of a circle is the radius times 2.

Diameter = 3 x 2 = 6 meters.


6 is the answer.

3 x 2 = 6

Step-by-step explanation:

Random Questions
Check my answers, please? Thanks in advance. Read the following excerpt from "The Middle Passage". "One day, when we had a smooth sea and moderate wind, two of my wearied countrymen who were chained together (I was near them at the time), preferring death to such a life of misery, somehow made through the nettings and jumped into the sea: immediately another quite dejected fellow, who on account of his illness was suffered to be out of irons, also followed their example; and I believe many more would very soon have done the same if they had not been prevented by the ship's crew, who were instantly alarmed." Which of the following words is used connotatively? A. Nettings B. Suffered C. Dejected* D. Wearied Read the following Papago song. Identify its purpose "No talking, no talking. The snow is falling. And the wind seems to be blowing backward." A. To inform B. To persuade C. To analyze D. To express* Which of the following is a primary source from early American and colonial literature? A. the autobiography of Olaudah Equiano* B. "The Story of Olaudah Equiano" Discovery Education streaming movie C. "The Middle Passage" by Brycchan Carey D. PBS "Liberty!" website Read the following example. What is the effect of the repetition in these lines? And the silken, sad, uncertain rustling of each purple curtain Thrilled me – filled me with fantastic terrors never felt before; So that now, to still the beating of my heart, I stood repeating, "'Tis some visitor entreating entrance at my chamber door – Some late visitor entreating entrance at my chamber door; – This it is and nothing more." A. It creates an anxious tone.* B. It emphasizes the speaker's friendliness C. It defines an unknown idea. D. It introduces a new character.