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6.1 Exercise 137

Avg difficulty 2.5

When the Szetos sold their home, the selling price was 500%\text{500}\% of what they had paid for the house 30 years\text{30 years} ago. Explain what 500%\text{500}\% means in this context.

OpenStax Prealgebra 2e, 6.1 Understand Percent, exercise 137

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Adapted from Prealgebra 2e © 2020 Rice University. Licensed under CC BY 4.0. Source: Prealgebra 2e. Imported at revision 77a933c.