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Popular Word Problems >

A house has increased in value by 32% since it was purchased. If the current value is 297000: , what was the value when it was purchased?

Solution

A h o u se ha s in cre a se d in v a l u e b y 32% s in ce i t w a s p u rc ha se d . I f t h e c u rre n t v a l u e i s 297000 :, w ha t w a s t h e v a l u e w h e n i t w a s p u rc ha se d ?

Solution

Amount before addition : 225000

Solution steps

Translate the problem into an equation:

297000 = x + 0.32 x

297000 = x + 0.32 x : x = 225000

Amount before addition : 225000

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