JerrettS594445 JerrettS594445
  • 03-11-2022
  • Mathematics
contestada

A house increase value by 32% since it was purchased. If the current value is $495,000, what is the value when it was purchased?

Respuesta :

RamziM94660 RamziM94660
  • 03-11-2022

Answer:

$375,000.

Explanation:

Let the value of the house when it was purchased = x

If its value increases by 32%, then its current value will be:

[tex]x+(32\%\text{ of x)}[/tex]

Since we are told that the current value is $495,000, then:

[tex]x+(32\%\text{ of x)=495,000}[/tex]

We solve for x.

[tex]\begin{gathered} x+0.32x=495,000 \\ 1.32x=495,000 \\ x=\frac{495,000}{1.32} \\ x=\$375,000 \end{gathered}[/tex]

The value of the house when it was purchased was $375,000.

Answer Link

Otras preguntas

14=14 what's the missing exponent
What was Tiberius leadership style
After driving the Chinese Nationalists to Formosa, Chiang Kai-shek set up the People's Republic of China. True False
what is the value of x in the equation 2x + 3y = 36 when y = 6
Not long after we left I began to notice a knocking sound in my car. _______, there had only been the purr of the motor.
log6 24 + log6 3 - log6 2
Who did John Adams appoint? the Midnight Judges the Supreme Court Lewis and Clark Charles Pinckney
What of the following words would an author NOT use to establish the sequence of events in a story? A) now. B) later. C) tomorrow. D) forever.
How many "additions/changes"have been made in the current constitution over the years?
What is a preposition? a. A word that modifies a noun. b. A word that identifies a noun or noun phrase as definite or indefinite. c. A word that modifies a verb