ISEE Quantitative Comparisons Question 106: Answer and Explanation
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Question: 106
5. A house that was purchased in 2006 for $100,000 was sold in 2010 for $80,000.
- A. The quantity in Column A is greater.
- B. The quantity in Column B is greater.
- C. The two quantities are equal.
- D. The relationship cannot be determined from the information given.
Correct Answer: B
Explanation:
The answer is B
Percent change is calculated as follows: × 100, so the house value decreased by 20%.
× 100 = 20%.