<h3>100% - 38% = 62% of the previous house value is the current house value after the 38% decrease.</h3><h3>We'll first convert 62% to a decimal by dividing by 100.</h3>
62% = 62 / 100 = 0.62
<h2>0.62x = 279,000</h2><h3>Multiply by (100/62) on each side.</h3><h2>x = 450,000</h2><h2>The house value when it was purchased was $450,000.</h2>
