A property's value decreased by 15%. If is was worth 189,000, what is worth now?

15% of 189000 = [tex] \frac{15}{100} \times 189000 = 28350 \\ [/tex]

So, now it's worth[tex] = 189,000 - 28,350 \\ = 160,650[/tex]

The current worth of the property is $160,650.

Percentage, is a relative value indicating hundredth part of any quantity.

Percent decrease = ( decreased value/ original value) × 100

Therefore,

Decreased value = Original value - new value

According to the question

We have

Percent decrease = 15%

Original value of the property = $ 189,000

So, 15% 0f $189,000 = [tex]\frac{15}{100}[/tex] × 189000

⇒ 15% of 189000 = $28350

Therefore, the decreased value of the property = $189000 - $28350

Decreased value of property = $160,650

Hence, the current worth of the property is $160,650.

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