the cost of a one - family home was $ 120000 in 1980 . in 1988 , the price had increased to $ 192000 . what was the percent increase in the cost of the home ?  Select the correct option
A) 60 %	B) 50 %	C) 55 %	D) 40 %	E) 33.3 %

Rationale: increase = 192000 - 120000 = 72000 % increase = 72000 * 100 / 120000 = 60 % answer : option a
Answer: A