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Popular Word Problems >

The value of Jay's house has increased by 7%. His house is now valued at £749000. What was the value of the house before the increase?

Solution

T h e v a l u e o f J a y^{'} s h o u se ha s in cre a se d b y 7%. H i s h o u se i s n o w v a l u e d a t £749000. Wha t w a s t h e v a l u e o f t h e h o u se b e f ore t h e in cre a se ?

Solution

Amount before addition : 700000

Solution steps

Translate the problem into an equation:

749000 = x + 0.07 x

749000 = x + 0.07 x : x = 700000

Amount before addition : 700000

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