The value of Caroline's house decreased from $75,500 to $69,500 when the area's major employer closed the local plant and moved to another state. Find the percent decrease in the value of her house. Round to the nearest tenth of a percent if necessary.
A) 8%
B) 6%
C) 9%
D) 7%
E) 1%

Question

Quizplus · Accepted Answer

The percent decrease is (75,500 - 69,500) / 75,500 * 100 = 6,000 / 75,500 * 100 = 8%.

The Value of Caroline's House Decreased from $75,500 to $69,500