Problema Solution

A house had an original value of $80,000, but its value increased to $120,000 in 2 years. Find the ratio of the increase to the original value.

Answer provided by our tutors

the increase: 120,000 - 80,000 = 40,000


the ratio of the increase to the original value: 40,000 / 80,000 = 4 / 8 = 1 / 2