# 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.

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.

i.e

Formula

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.

Thus

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

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%

=200/5

=40%

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