<h3>Question-:</h3>
A house has decreased in value by 34% since it was purchased. If the current value is $165,000. What was the value when it was purchased?
<h3>Explanation -:</h3>
In this question we are given that the value of a house is decreased by 34% and it is given that the current value is $165,000.We are asked to calculate the value when the house is purchased.
Let us assume the original price as 100x.
<em><u>According to </u></em><em><u>question</u></em>
100x - 34% of 100x = 165000
→ 100x - 34/100 × 100x = 165000
→ 100x - 34x = 165000
→ 66x = 165000
→ x = 165000/66 = 2500
x = 2500
