The price of a house is originally listed at $195,000. The owners are having a hard time selling it and decide to reduce the price to $146,250. What is the percentage decrease of the price of the house?

25% decrease

Step-by-step explanation:

1) The formula to find a percentage change is

Final amount - Initial amount / Initial amount

then multiply the answer you get by 100

2) Apply that formula to this problem

146,250-195,000/195,000 = - 0.25

-0.25•100 = - 25% which means a 25% decrease