The listed price for a house was $259,900. The actual sales price was $244,000. This represented a 5% decrease in price.

Name: The listed price for a house was $259,900. The actual sales price was $244,000. This represented a 5% decrease in price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The decrease in price from $259,900 to $244,000 is $15,900. To find the percentage decrease: ($15,900 / $259,900) * 100 = approximately 6.12%, not 5%.

The Listed Price for a House Was $259,900