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Popular Word Problems >

A house has increased in value by 37% since it was purchased. If the original value was 720, 000 what is the value after the increase?

Solution

A h o u se ha s in cre a se d in v a l u e b y 37% s in ce i t w a s p u rc ha se d . I f t h e or i g ina l v a l u e w a s 720, 000 w ha t i s t h e v a l u e a f t er t h e in cre a se ?

Solution

Amount after addition : 986400

Solution steps

Translate the problem into an equation:

x = 720000 + 0.37 \cdot 720000

x = 720000 + 0.37 \cdot 720000 : x = 986400

Amount after addition : 986400

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