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Popular Word Problems >

A family originally bought a home for 398,470. Now the home's value is 50% lower than that. What is the value of the home now?

Solution

A f ami l y or i g ina ll y b o ug h t a h o m e f or 398, 470. N o w t h e h o m e^{'} s v a l u e i s 50% l o w er t han t ha t . Wha t i s t h e v a l u e o f t h e h o m e n o w ?

Solution

Amount after reduction : 199235

Solution steps

Translate the problem into an equation:

x = 398470 - 0.5 \cdot 398470

x = 398470 - 0.5 \cdot 398470 : x = 199235

Amount after reduction : 199235

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