The price of a $200,000 home listed by REMAX was reduced by 1/20. What is the new price?
A)$180,000
B)$165,000
C)$170,000
D)$160,000
E)None of these

Name: The price of a $200,000 home listed by REMAX was reduced by 1/20. What is the new price? A)$180,000 B)$165,000 C)$170,000 D)$160,000 E)None of these
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Question

Quizplus · Accepted Answer

The price was reduced by 1/20 of $200,000, which is $10,000. Therefore, the new price is $200,000 - $10,000 = $190,000, which is not listed among the options.

The Price of a $200,000 Home Listed by REMAX Was