Original price of the house = $ 245000
Due to problems in selling, the price was reduced to = $203350
Hence, the reduced amount is = [tex]245000-203350[/tex]
= [tex]41650[/tex]
Percentage decrease =
[tex]\frac{Reduced amount}{original amount}\times100[/tex]
= [tex]\frac{41650}{245000}\times100[/tex] =17%
Hence, the decrease percentage of the house is 17%.