Posted by Sandra Aged College Student on Monday, September 14, 2009 at 9:09pm.
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.

Math  Sandra Aged College Student, Monday, September 14, 2009 at 9:20pm
I have the answer to the above question. I would like it to be explained in detail to me.

Math  Ms. Sue, Monday, September 14, 2009 at 9:23pm
What answer do you have?

Math  Sandra Aged College Student, Monday, September 14, 2009 at 9:23pm
1/2 is the answer I have.

Math  Ms. Sue, Monday, September 14, 2009 at 9:24pm
120,000  80,000 = 40,000
40,000/80,000 = 1/2 
Math  Sandra Aged College Student, Monday, September 14, 2009 at 9:31pm
Thank you for helping me to understand the solution to the problem! Have a good evening!:)

Math  Ms. Sue, Monday, September 14, 2009 at 9:32pm
You're welcome, Sandra. You have a great evening, too!