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The median home value in Torrance is currently $750,900. Last Year the median home price in Torrance was 650,700. What is the percent increase in the median home price in Torrance in the last year.

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Respuesta :

Answer:

15.40(approximately).

Step-by-step explanation:

The current price is $750900.

The last year the price was $650700.

Amount increase in the price is $(750900 - 650700) = $100200.

Hence the percentage is [tex]\frac{100200}{650700} times 100[/tex] = 15.40 (approximately).