Asked by Sandra Aged College Student

A house had an original value of $80,000. After 2 years, the new value became $120,000. Find the ration, as a fraction in simplest form, of the increase in value to the original value.
Answered by Sandra Aged College Student
I have the answer to the above question. I would like it to be explained in detail to me.
Answered by Ms. Sue
What answer do you have?
Answered by Sandra Aged College Student
1/2 is the answer I have.
Answered by Ms. Sue
120,000 - 80,000 = 40,000

40,000/80,000 = 1/2
Answered by Sandra Aged College Student
Thank you for helping me to understand the solution to the problem! Have a good evening!:)
Answered by Ms. Sue
You're welcome, Sandra. You have a great evening, too!