Answer:
10%
Step-by-step explanation:
The percentage decrease in price = [tex]\frac{decrease amount}{original amount}[/tex] x 100%
Original amount = 250,000
New amount = 225,000
Decrease in amount = 250,000 - 225,000
= 25,000
So that;
Percentage decrease in price = [tex]\frac{25000}{250000}[/tex] x 100%
= 0.1 x 100%
Percentage decrease in price = 10%
The price of the apartment dropped by 10% of its original price.
