Question

Jade bought a home for $129,500. She sold it fifteen years later for $9000 less than twice the amount she originally purchased for. Find the percent change in the purchase price of her home

Answer 1

Answer:

See below

Step-by-step explanation:

129 500     original price

selling price =   2 ( 129 500) - 9000 = 250 000

% change   Questions worded like this are often up for debate as to exactly answer the question

250 000 / 129 500 =  193 %      Selling price was 193% of original price

(250 000 - 129500)/ 129500 =   93 % INCREASE