Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

if the value of my home has tripled since I bought it, that means its relative change in value is 300% true or false

Sagot :

I have to say it is true, since the value of the house was already 100, this is a simple math equation.  100 x 3= 300%
Nellz01
False.
Tripling a value means that it has increased by 200%. e.g. if something was originally $100 and it's value increased to $300, it would have tripled in price but only increased by 200%.
Hope this helps :)
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.